Is Cantor Back in the Telerate Picture? Reuters Gives Details on Bridge Plans


NEW YORK--A bidding deadline for the Telerate assets came and went on June 27 with no action in what looks like a repeat of the delays seen in April in the sale of Bridge assets. It is still unclear who the bidders are outside of Moneyline. One source says there are three, but neither Bridge nor Reuters would discuss the number of bidders or their identities.

A source in New York says Cantor Fitzgerald popped in with a last minute bid on June 27, the deadline date. Calls to Cantor were not re