Thomson Loses Mead, As Other Market Data Vendors Yawn

VENDOR STRATEGIES

It was major deal in the world of electronic business information, but it meant little to the likes of Dow Jones Telerate, Knight-Ridder and Reuters. Among corporations having a strong interest in financial market data, only Thomson Corp. made a major play for Mead Corp.'s Mead Data Central -- and in the end it was outclassed by a $1.5 billion deal reached with consumer and academic publishing conglomerate Reed Elsevier PLC.

Though Knight-Ridder and Dow Jones Telerate parent Dow Jones & Co. w