Bridge's Acquisition Of Telerate Final: Wendel Outlines Plan

ORGANIZATION & MANAGEMENT

NEW YORK--As expected, the sale of Dow Jones Markets to Bridge Information Systems was finalized a week ago last Friday. Last week, Bridge's senior management moved swiftly to implement some of the anticipated staff cuts and put plans for product-line rationalizations into gear.

In an exclusive interview with Inside Market Data, Tom Wendel, chairman, chief executive officer and president of Bridge, outlined the company's plans for the new Telerate organization and detailed which products will

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