GSI Ends LexisNexis Deal
Organization and Strategy
“We had hoped to gain visibility from the deal with LexisNexis...but are not getting the benefit we had hoped for,” says a GSI spokesperson. GSI also felt that LexisNexis was portraying LIVEDGAR as a LexisNexis product rather than a GSI offering, the spokesperson says.
According to the existing agreement, which GSI characterizes as a “channel marketing agreement,” LexisNexis provides a link on its Web site to LIVEDGAR, which offers SEC research on listed companies.
GSI will now be the exclusive provider of LIVEDGAR, although it is still working with LexisNexis to see if an alternative arrangement can be made, the spokesperson says. GSI declines to comment on what a new relationship might entail.
LexisNexis was unavailable for comment at press time.
Arielle Weliky
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