Edgar Online (NSDQ: EDGR), the publicly traded financial information service, has hired a bank—The Jordan, Edmiston Group—to help it get strategic investments to boost its efforts in XBRL, the open data standard for financial reporting that it has pioneered and now been adopted by SEC. This is not a sale of the company. The announcement came today in Edgar’s Q209 earnings call, where it mentioned the hiring of the bank for strategic partnerships and money raise, and said it has engaged in preliminary discussion.

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