Consolidation as Reuters snaps up Telerate
NEWS ANALYSIS | ACQUISITION | NUMBERS DWINDLING IN THE MARKET DATA SPACE
LONDON -- Reuters’ recent $175 million acquisition of Telerate -- completed on December 20 last year -- has left users and analysts guessing about how it will integrate Telerate’s data and product set, or how it will make the financial changes required to turn the loss-making Telerate business around.
According to one analyst, the two issues that continue to keep the market guessing are the final price for the acquisition and the amount of cost savings Reuters could take out of the business. He
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