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November 14, 2002
Rhythm Method
OK, so on Monday Reuters (my employer) announced they were no longer in talks with Merrill regarding a US $1 billion deal proposal. This left only Thomson Financial (my ex employer) in the running for the contract.
Fair enough.
On Tuesday, AP had a story which described the same incident as a withdrawal.
Well, that sounds very responsible -- but possibly a bit messy as well.
On Wednesday, Dow Jones (my ex employer) described the same event as Thomson Financial Wins Deal With Merrill, Hurting Reuters. The article also says that Reuters didn't pull out, but was told on Monday that it had lost the bid. This information came from "People familiar with Merrill's position".
Well, sounds like experts to me.
Slanted reporting aside, I think the only thing more embarassing than early withdrawal is when your partner doesn't notice...
Posted by Michael at November 14, 2002 12:41 PM
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