McGraw-Hill To Reorganize Old Monchik-Weber Group After Disappearance Of Imnet Business


Imnet was the largest and most visible client of the Ticker III feed from Standard & Poor's Financial Systems and Trading Services unit, formerly Monchik-Weber Corp. Following the loss of the Imnet business, S&P FSTS will be reorganized, extracted from S&P, and assigned to a new company within parent McGraw-Hill, Inc.

"McGraw-Hill is viewing this as an opportunity to revisit its wholesale ticker sales," says a source. The sudden disappearance of Imnet as a customer called into question the su

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