Moneyline Outlines Plans for Telerate, TargetsFixed Income, Capital Markets

SPECIAL REPORT

NEW YORK--Moneyline will refocus Telerate on the fixed income and capital markets, says Moneyline president and chief executive officer Jon Robson.

Bridge Information Systems reached agreement with Moneyline to sell the global operations of its Telerate subsidiaries, plus the Bridge information businesses in Europe and Asia, and the Bridge Trading Room System (BTRS) product line. Moneyline will pay $10 million for the assets and will also provide $5 million to cover Telerate’s operating expen