New Round of Bridge Bids Expected After Week of Telerate Due Diligence

ORGANIZATION AND MANAGEMENT

NEW YORK--The bidding process is far from over for the remaining pieces of Bridge Information Systems, sources close to the deal say. A new round of formal bidding--complete with a new timetable--is scheduled to begin soon, these sources say.

Meanwhile, it was all about the Telerate business last week as Moneyline continued its ongoing due diligence efforts. Moneyline representatives spent the better part of the week meeting with Telerate’s regional managers and asking for details on Telerate