Multex Letter Denies Quest For Buyers: Market Confused


In a letter disseminated by fax ten days ago, Multex Systems Inc. denied that it has been shopping itself around and slammed competitor First Call Corp. for making "false" statements to this publication regarding Multex's efforts to find a buyer (IMD, Jan. 15). As a result, in a year of numerous M&As and IPOs -- not to mention revolutionary developments in research delivery technology -- the marketplace remains confused as to Multex's intentions: While Multex's letter was clearly intended to

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