Savvis Readies For IPO Debt Paydown; Cantor May Present Problems

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NEW YORK--Stock of Bridge’s subsidiary Savvis Communications may start trading today according to industry sources. However, the red herring, dated January 31, includes an omninous clause from the accountants questioning the ongoing viability of the company, and, for the first time, publicly acknowledges that Bridge could end up in court with Cantor Fitzgerald over contractual issue concerning terminal payments.

Savvis intends to issue 14.9 million primary shares with Bridge reducing its current

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