LONDON--Savvis Communications’ share price reached its all-time low last week at $3.48, a long way off from the IPO price of $24 achieved when the company was floated by parent company Bridge in February. Some industry sources say Savvis is a prime takeover target.
Discontent is spreading among Bridge employees who have shares in the networking company along with other investors. One source tells Inside Market Data: "There is lots of concern within Bridge. Employees were offered the opportuni
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails