Fall In Savvis’ Share Price Sparks Continued Concern


LONDON--Savvis Communications’ share price reached its all-time low last week at $3.48, a long way off from the IPO price of $24 achieved when the company was floated by parent company Bridge in February. Some industry sources say Savvis is a prime takeover target.

Discontent is spreading among Bridge employees who have shares in the networking company along with other investors. One source tells Inside Market Data: "There is lots of concern within Bridge. Employees were offered the opportuni

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