Bloomberg Sets Price Increase Of 7 Percent

NEW YORK--Bloomberg said last week it was raising prices for multiple terminals by 7 per cent over two years beginning with terminals up for renewal after March 1, 1998. Bloomberg's price increase will raise prices by $85 per terminal per month.

In a letter to customers, president Michael Bloomberg said, "the only price increase we have ever introduced was a nominal raise instituted gradually over the last two years."

At the same time, IMD has obtained a detailed UK pricelist for Money 3000. Two