Bridge Information Systems Inc. has staved off a proxy battle over management of the company, at least for the time being. At a meeting May 20, the vendor's board agreed to reduced its number of members from 20 to 11, six of whom are supporters of Bridge president and chief executive officer Charles Dill and five of whom back Bridge chairman and founder Charles Lebens.
Lebens and Dill have been engaged in a struggle for control of Bridge for some time, say sources close to the situation. As
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails