BOSTON--Thomson Financial is close to finalizing a second investment in Moneyline, confirms Thomson Financial chief operating officer Sharon Rowlands.
The investment has been under consideration for several months (IMD, June 18). Rowlands says it was "tied to Moneyline’s closing on Telerate."
The investment is "part of the funding that Moneyline is using to acquire the assets of Telerate and to fulfill its business plan," Rowlands adds.
Rowlands declines to disclose the amount of the investmen
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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