GFIC Acquires EJV; Partners Receive Stake In New Venture

VENDOR STRATEGIES

As expected (IMD, July 31), Global Financial Information Corp. (GFIC) -- the holding company that manages both Bridge Information Systems Inc. and Market Vision Corp. -- has acquired the EJV Partners L.P. In exchange for the joint venture, the eight EJV partners have received a minority stake in GFIC, a company which was created after Bridge was purchased by investment firm Welsh Carson Anderson & Stowe earlier this year (IMD, Feb. 27).

In addition to receiving something in the neighborhood o

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