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Bridge In Talks To Buy Market Data Unit Of Telekurs Finance

ORGANIZATION & MANAGEMENT

ZURICH--Bridge Information Systems is in extended negotiations to acquire the market data operations of Zurich-based Telekurs Financial Information. The initiative follows Bridge's purchase earlier this year of New York-based Telesphere Corp., which was spun off two years ago from Telekurs' North American unit.

Buying Telekurs would significantly strengthen Bridge's European equities content; aside from its real-time quote information, Telekurs is a major source of historical and fundamental data

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