The New Telerate Rebuilds Itself From Inside Out

The common wisdom is that Telerate Systems Inc. was damaged goods by the time Dow Jones & Co. completed its acquisition late in 1989. But how had Telerate been damaged? Had Telerate's lucrative franchise been eroded, or was the company simply mismanaged? Probably both. But in order to address marketplace problems effectively, Telerate first had to come to grips with management issues.

According to Howard Edelstein, senior vice president of international marketing, that's precisely what has oc