Thomson Reveals MerrillDeal Worth $300M


Thomson Financial officials announced a decline in revenues during last week’s full-year results call. However, more notice was paid to the news that its contract with Merrill Lynch is worth more than $300 million over five years.

Some listeners on the call expressed surprise at this figure, having thought that Thomson would be paid $1 billion. However, that figure actually referred to Merrill Lynch’s total spend, not the amount that it would pay Thomson. Thomson is overseeing the developmen

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