Reuters Undergoes Reorg, Faces Bridge Integration


LONDON--Reuters chief executive Tom Glocer had a baptism of fire, facing one the most important decisions in Reuters history: whether to take over bankrupt Bridge. In addition, Reuters continued to cut costs and attempt to remake itself into an Internet company.

The biggest story of the year for Reuters was the acquisition of the Bridge assets. Reuters, "vendor number one," justified the purchase of much of "vendor number three," Bridge, saying it would give it the North American buy-side pre

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