Data Explorers in "strategic review" 02 December 2011London Reporter: Anna Reitman
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Data Explorers is conducting a strategic review with Deutsche Bank, attracting media speculation towards a potential sale.
In a recent article, the Daily Telegraph has speculated an asking price of £300 million for the securities lending data firm, which sells data on some £2 trillion of short positions taken against companies and adds that interest is expected from such firms as Thomson Reuters.
Data Explorers declined to comment, however, a spokesperson said that it is business is usual and the service to clients remains unaffected.
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