eSpeed Is Leading Bidder for MTS
EXCHANGE TECHNOLOGIES
LONDON—As the deadline approached for proposals last week, electronic bond broker eSpeed was emerging as the highest bidder for MTS, the pan-European fixed-income market operator.
But, while eSpeed is reported to have made the leading bid in monetary terms, a joint offer from Euronext and the Borsa Italiana has emerged as the most likely candidate to succeed, say sources familiar with the situation.
Officials at eSpeed decline to comment on the bid.
Euronext officials confirm that they have
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