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Ian Austen
The New Fight for Financial News
Submitted by Benton Foundation on June 23, 2008 - 7:58amThomson Reuters is going hard after Bloomberg, which has long been the marquee name on Wall Street for financial information. The companies are in a dead heat: Thomson Reuters has 34 percent of the market for financial data and Bloomberg 33 percent.
Bell Canada Takeover Is Blocked
Submitted by Benton Foundation on May 22, 2008 - 7:33amAn appeals court quashed approval for the $51.8 billion leveraged buyout of Bell Canada on Wednesday after siding with angry bondholders in a ruling. While the unanticipated decision may not be the final ruling on the buyout, the largest leveraged deal in history, it puts its future in legal jeopardy.
