Moneyline Forges Distribution Deal With Quick in Japan, Makes Redundancies

ORGANIZATION AND MANAGEMENT

SINGAPORE--Moneyline has entered into an agreement in which Quick Corp. will distribute in Japan data from Bridge Japan and Telerate. Quick provides Japanese and international equity information to the Japanese domestic market.

Separately, around 50 employees have been laid off at Bridge in the Asia/Pacific region. Moneyline has sent offers of employment to the remaining 420-430 employees in the region. Moneyline hoped to close a deal to acquire the global operations of Bridge's Telerate subs