McGraw-Hill Takes A Bite Of Liberty; Wider Data Distribution A Goal
VENDOR STRATEGIES
Now that McGraw-Hill Inc. is the proud owner of 25 percent of interdealer Treasury broker Liberty Brokerage Inc., where does the duo go from here?
Some of Liberty's primary dealer owners, including Merrill Lynch & Co., took the opportunity of McGraw-Hill's offer to divest themselves altogether, according to sources. Senior Merrill officials didn't return calls seeking comment, but others suggest that the dealer, which directs a large percentage of its Treasury trades through Liberty, was
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