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Source Media In Advanced Talks To Buy eFinancialNews

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Also in financial info provider M&A (Pearson bought Mergermarket for $192 million), Times UK is reporting that NYC-based financial info/media firm Source Media is in advanced talks to buy London-based online financial news firm eFinancialNews, for about $57 million. Source Media owns American Banker, The Bond Buyer and others…eFinancialnews covers Europe’s investment banking, fund management and securities industries.

Aug 8, 2006 10:09 PM ET

Posted In: Countries, Europe

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