In May 2022, Bloomberg LP announced it would launch a new venture in the UK, Bloomberg LP UK, as part of a wider international strategy.
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18 Facts About Bloomberg LP
2.
Bloomberg LP, having designed in-house computerized financial systems for Salomon, used his $10million partnership buyout to start Innovative Market Systems .
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3.
Bloomberg LP developed and built his own computerized system to provide real-time market data, financial calculations and other financial analytics to Wall Street firms.
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4.
In late 1996, Bloomberg LP bought back one-third of Merrill Lynch's 30 percent stake in the company for $200million, valuing the company at $2billion.
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5.
Bloomberg LP acquired the magazine—which was suffering from declining advertising revenue and limited circulation numbers—to attract general business to its media audience composed primarily of terminal subscribers.
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6.
Bloomberg LP produces more than 350 news publications in topic areas that include corporate law and business, employee benefits, employment and labor law, environment, health and safety, health care, human resources, intellectual property, litigation, and tax and accounting.
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7.
In September 2014, Bloomberg LP sold its Bloomberg LP Sports analysis division to the data analysis firm STATS LLC for a fee rumored to be between $15million and $20million.
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8.
Bloomberg LP Television, a service of Bloomberg LP News, is a 24-hour financial news television network.
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9.
Bloomberg LP Markets is a monthly magazine launched in 1992, that provides in-depth coverage of global financial markets for finance professionals.
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10.
Bloomberg LP Pursuits was a bimonthly luxury magazine distributed to Bloomberg LP terminal users and to newsstands.
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11.
Bloomberg LP Entity Exchange is a web-based, centralised and secure platform for buy side firms, sell side firms, corporations and insurance firms, banks or brokers to fulfill Know Your Customer compliance requirements.
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12.
Bloomberg LP Tradebook is an electronic agency brokerage for equity, futures, options and foreign exchange trades.
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13.
Bloomberg LP Innovation Index is an annual ranking of how innovative countries are.
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14.
Bloomberg LP uses data from the World Bank, the International Monetary Fund, the World Intellectual Property Organization, the United States Patent and Trademark Office, the OECD and UNESCO to compile the ranking.
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15.
Bloomberg LP has openly licensed its symbology system, and financial data API .
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16.
Bloomberg LP Live is a series of conferences targeted towards business people.
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17.
Bloomberg LP New Economy Forum is an invitation-only event for business executives, government officials, and academics.
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18.
Bloomberg LP was sentenced to prison for three years and two months in January 2021.
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