GFI Mgmt Team Named As KRF Deal Is Set To Close

VENDOR STRATEGIES

Global Financial Information's acquisition of Knight-Ridder Financial for $275 million was set to close at press time--two months after GFI first announced the deal (IMD, May 20). With the acquisition of Knight-Ridder Financial--which will now be called KRF--almost finalized, GFI has named its new senior management team and has set plans to integrate products. The venture is also looking at ways to cut costs.

In order for this deal to be successful, GFI is going to have to realize some substa

To continue reading...