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Barra, FTSE Reach Preliminary Agreement
Barra and FTSE Group have come to a preliminary agreement after months of difficult contract negotiations. The terms allow Barra to maintain the right to use and distribute FTSE index data through its existing products. Barra will also use FTSE data to develop new risk models. Certain undisclosed elements of the contract will change, however. The deal is subject to both parties reaching a full contractual agreement. FTSE had previously said that it would
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