Federated Investors Plans $10 Million Project To Fix Year 2000 Bug


PITTSBURGH, Pennsylvania--Federated Investors, the $145 billion money management company, will spend $10 million during this year and next to get its systems Year 2000 compliant, according to the registration statement the company filed with the Securities and Exchange Commission in preparation for its initial public offering. But Federated's assessment of its costs only covers its internal efforts, and do not include its participation in industry-wide tests to assess Year 2000 compliance of

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