Thomson First Call Share Repurchase Aids Integration

ORGANIZATION AND MANAGEMENT

NEW YORK--Thomson Financial has confirmed an agreement to purchase the outstanding minority shares of First Call Corp. from eight broker partners who held a 48 percent ownership interest in First Call. The deal removes one obstacle to Thomson’s plan to integrate products and brands.

The settlement, which has been in discussion since Thomson announced its plans to streamline its organization and integrate products within the Thomson Financial suite (IMD, Dec. 11), involves Credit Suisse First

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Waters Wrap: The tough climb for startups

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