BTRS Upgrade Outlined; Moneyline Purchase Imminent?

MARKET DATA DISTRIBUTION

PALO ALTO, Calif.--Bridge Information Systems is about to unveil the latest version of BTRS (Bridge Trading Room System), version 4.0, but probably not before Moneyline’s acquisition bid, which includes BTRS, is accepted, sources say.

Moneyline, in conjunction with Fininfo and Softbank, is on the verge of winning Bridge Information Systems’ Telerate business, as well as Bridge Europe, Bridge Asia and BTRS, sources close to the negotiations say. An announcement is expected imminently, these

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