Moneyline Completes Telerate Buy, Signs Exclusive Deals With Brokertec, Tradeweb

ORGANIZATION AND MANAGEMENT

NEW YORK--Moneyline has closed its purchase of Telerate from bankrupt Bridge Information Systems and announced exclusive agreements with Brokertec and Tradeweb to provide fixed-income data to Telerate products.

The terms of the two contracts were not disclosed.

Immediately following the closure of the acquisition, Moneyline changed its name to Moneyline Telerate, "reflecting completion of the Bridge transaction and the strategic significance of the transaction to the combined enterprise," acc

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