Lotus-Infotech Deal For Signal And Quotrek Finally Happens
THIS WEEK'S LEAD STORIES
After months of haggling and paper shuffling, Financial News Network, Inc. has bought Lotus Information Network Corp. (LINC) from Lotus Development Corp. As expected, FNN will merge LINC and its market data services with its smaller Data Broadcasting Corp. business (Micro Ticker Report, Sept. 5, 1989). FNN is 45-percent owned by New York-based Infotechnology Corp., which also owns United Press International and other electronic information ventures.
The sale ends Lotus Development's five-year-old
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