Bridge Finances And Management Changes Top Story List For 2000
YEAR IN REVIEW 2000
The big stories on Bridge Information Systems in 2000 revolved around its financial position and added investments by majority shareholder Welsh, Carson, Anderson & Stowe. And, oh yes! business.
In April, Bridge CEO Tom Wendel said that Bridge would meet a $350 million debt repayment due June 30. A large portion ($275 million) would come from a partial sale of Bridge's Savvis Communications holdings, with the balance coming from Bridge's coffers. Bridge would not resort to layoffs or closing
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