Cloud Removed As Grand Jury Clears Reuters Analytics


STOP PRESS--After one and a half years of its fate hanging in the balance, the US Grand Jury has ceased its investigation into Reuters' Stamford, Conn.-based Reuters Analytics subsidiary. No charges will be filed against Reuters Analytics over allegations that the unit improperly used information from rival Bloomberg.

This comes as a huge relief for Reuters, which has been somewhat in limbo since the investigation came to light in February of last year (IMD, Feb. 2, 1998). The company's share

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