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THE MOVE PROMISES A VERY HAPPY NEW YEAR FOR REUTERS

The withdrawal of IBM and Merrill must have been greeted with ill-disguised glee at the Fleet Street headquarters of Reuters (Holdings) Plc here in London. Following the failure of International MarketNet and the CitiCorp acquisition of Quotron, Reuters, bolstered by its recent acquisition of Instinet Corp, is in an extremely strong position by virtue of its complete independence.

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CBR Staff Writer

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