Telekurs Financial Sale Rumored

ORGANIZATION & STRATEGY

Rumors that Swiss market data vendor Telekurs Financial is up for sale appear to be unfounded, Inside Market Data has learned.

A source tells IMD that parent company Telekurs Group, a joint venture of the Swiss banks, is courting interest from Reuters, Standard & Poor’s (S&P) and Thomson Financial about a possible acquisition.

A market data consultant who deals with mergers and acquisitions has also heard the rumors, although he believes that the company is not formally on the block. "It’s mo

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