Dow Jones Newswires wins bid for Bridge Info. Systems assets.Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) has won the bidding for Bridge Information Systems' (St. Louis, MO) equities and commodities/energy news contracts for $6.5 million. The contracts purchased are with financial customers in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. equities markets and traders in the commodities/energy segments. Bridge has been in reorganization proceedings under Chapter 11 since early this year. DJ Newswires will provide news to all current Bridge customers on an interim basis until other Bridge assets can be sold, at which time those customers may choose to continue to receive DJ Newswires on existing terms. In late April, Reuters Group agreed to pay $275 million for a number of Bridge assets, including Bridge Information Systems North America, EJV EJV Equity Joint Venture (limited liability company established under Chinese law) , which provides bond pricing and data, Bridge Trading Technologies, eBridge, an Internet unit, and CRB CRB See: Commodity Research Bureau. Index, a measure of U.S. commodity prices. Established in 1979, Bridge expanded through acquisitions, including the purchase of EJV Partners in 1995, the financial information division of Knight-Ridder for $275 million in 1996 and Dow Jones Markets (Telerate) from Dow Jones for $510 million. |
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