Reuters' Sale of Instant Link To Thomson: Much Talked About, Now Rumored Dead

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For the past several weeks, industry insiders have been hearing whispers that Thomson Financial Services Inc. was poised to acquire the Instant Link trade settlement system from Reuters Holdings PLC. But sources close to the two parties say that the once-nearly done deal now looks likely to fall through.

Officials at both vendors decline to comment on the Instant Link deal. But according to one Thomson source, Thomson has been holding discussions with Reuters on "several topics." Other Thomson

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