Bridge to Announce Successful Bidders; Reuters Files Suit

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NEW YORK--A source close to the sale of the remaining Bridge Information Systems assets says Bridge will probably announce winning bids for some of those assets sometime this week.

The sale of Telerate, Telerate-related businesses and Bridge News has once again been delayed. In a memo sent to all employees, Bridge says: "The Telerate/Europe/Asia transaction is complicated by the need for the buyer to negotiate complex long-term arrangements with both Reuters and Savvis to provide necessary

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