Skip to content
Author
PUBLISHED: | UPDATED:
Getting your Trinity Audio player ready...

Reuters Holdings PLC, the British news and information company, said it completed the previously announced acquisition of Rich Inc., a Chicago designer of communications systems for financial trading rooms, for about $57.5 million in stock and cash. Reuters already markets, installs and maintains Rich systems outside North America under an agreement concluded in 1983. As a Reuters subsidiary, Rich is to continue to market its products in North America while Reuters markets them overseas.