MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Stop Press: Reuters Set To Buy EJV Partners For $30 Million?

As IMT went to press, market sources were abuzz with talk that Reuters Holdings Plc had made a bid to acquire EJV Partners L.P. for $30 million. The figure compares with the partners' estimated $80 million investment in the company.

A Reuters spokesperson declines to comment on the rumor; EJV president Bruce Peterson couldn't be reached. It wasn't immediately clear what impact any such bid would have on the EJV's planned technology

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