Bloomberg, Citynet To Sever Relationship At End Of This Year

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LONDON--UK-based Citynet, which has been collecting data for Bloomberg outside the US since 1995, will sever its remaining links with the vendor by the end of the year. Bloomberg will, however, continue to use Citynet software to collect and distribute data itself.

Citynet managing director Paul Caplin says there is no truth in rumors that Bloomberg canceled its contract with Citynet because Citynet had sold Bloomberg data to other third parties. "There are all sorts of strange rumors floatin

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