Dow Jones Plans $650 Million Investment In Telerate Segment
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Recently appointed Dow Jones chief executive Kenneth Burenga has outlined a corporate reorganization aimed at strengthening Telerate's management team, following the company's announcement that it would spend $650 million over the next three years to revitalize its ailing financial information services division, which showed zero revenue growth for 1996.
The moves are aimed at turning Telerate into a "full-service" financial information provider, allowing it to catch up with and ultimately
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