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Article: AFX News to Bid for BridgeNews Assets; ``A New Force in Global Financial News''.
- Article from:
- Business Wire
- Article date:
- May 25, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
LONDON--(BUSINESS WIRE)--May 25, 2001
AFX News announced today it is seeking to buy certain assets of BridgeNews, including its North American Livewire Financial News service.
This combination would redraw the boundaries of the real-time business and financial news industry.
AFX News intends to merge the BridgeNews assets with AFX's current international news organisation and offer the combined service through numerous platforms, independent of any single distributor.
Through a merger of the two news organisations, BridgeNews's current clients would continue to receive the decision-critical news and analysis ...