Reuters Faces Integration Struggle

FRONT PAGE NEWS

Reuters’ acquisition of Telerate, worth $175 million in cash and stock plus a $28 million contingency payment, has finally been announced. Now the vendor faces new questions about how it will turn the embattled company around, as well as its plans for Telerate’s data and products.

One question is the amount of cost savings that Reuters will be able to achieve. One analyst estimates that it will need to save $60 million just to break even. “The key is how much money they have to put in to turn

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