Bridge Teeters Toward Chapter 11, but Will SEC Let Bridge Screens Go Blank?


ST. LOUIS--Bridge Information Systems was hit by a Chapter 7 petition last week, the latest and most damaging slam so far for the troubled market data vendor. Highland Capital, a Bridge creditor, filed a petition to force Bridge into bankruptcy in the United States Bankruptcy Court for the Eastern District of Missouri in St. Louis, after talks on restructuring broke down.

A spokesperson for Bridge says Highland Capital's actions are "premature and unfortunate." Bridge, which has struggled to

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