And where does this leave FT/Nikkei?
As the founding editor of FT Alphaville, and current editor of FT's Investigations (you've heard of Wirecard and that young McCrum fellow) as the founding editor Paul Murphy put it*:
"(If you look back to the late 90s, the FT had all the bits to construct Bloomgerg.)"
From ZeroHedge:
The quest to build a legitimate competitor to Bloomberg and its ubiquitous terminals continues Monday as IHS Markit and S&P Global confirmed reports about a buyout worth some $44 billion.
According to WSJ, S&P Global plans to buy its smaller rival to create "a powerful challenger to information powerhouses Bloomberg and Refinitiv," assuming the deal goes ahead.
The move would mark the latest round of consolidation among large data providers: A year ago, the London Stock Exchange moved to acquire Refinitiv - formerly known as Reuters' financial data business - for $27 billion a year ago. New York Stock Exchange owner Intercontinental Exchanges struck its largest deal ever after it agreed to buy US mortgage data provider Ellie Mae for $11 billion.
As the FT points out, the move would mark the latest round of consolidation among large data providers. New York Stock Exchange owner Intercontinental Exchanges struck its largest deal ever after it agreed to buy US mortgage data provider Ellie Mae for $11 billion. That followed the London Stock Exchange’s move to acquire Refinitiv for $27 billion a year ago....
....MORE
*If interested see: "Possibly the Funniest (profitable) Thing We Saw In 2015: FT Alphaville's Founder/Editor Channels Mr. Subliminal"
