WCAS Stake In Bridge Drops As New Investors Come Aboard

Word has emerged that Welsh Carson Anderson & Stowe has decreased its stake in Bridge. While WCAS and its affiliates control almost 50 per cent of Bridge--much more than any other party--the WCAS share is significantly lower than it was at the time the venture capital firm announced that it was acquiring Knight-Ridder Financial.

Whether the decline in the level of ownership is a trend was not clear at press time. But WCAS principal Bruce Anderson says that the investment firm "is not getting out