As IMT went to press last Tuesday, Knight-Ridder Inc. announced that it planned to sell its Knight-Ridder Financial subsidiary to Welsh Carson Anderson & Stowe's Global Financial Information Corp. (GFI). The agreed-upon price was an unexpectedly hefty $275 million.
The announcement followed close on the heels of a story in the May 6 issue of IMT sibling publication Inside Market Data, in which it was reported that such a sale was imminent. That story was picked up by the Dow Jones and Reuter
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails