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Bridge Information Systems
Bridge Information Systems was a financial news and data provider that was acquired by Reuters Group in September 2001.(9 April 2001)Reuters eyes Bridge ''CNN Money'' History The origins of Bridge date to 1974, when the original company was founded in St. Louis by investment analysts through acquisition of a computer firm from Dean Witter & Co. Principal founder Charles A. Lebens thought that the development of new time-sensitive investments and financial industry deregulation would create a market for up-to-date financial information.Kipp, Kevin (May 2000)Informing Investors, ''St. Louis Commerce Magazine'' In March 1995, Bridge was acquired by private equity firm Welsh, Carson, Anderson & Stowe.(17 March 1995)BRIDGE INFORMATION SYSTEMS EXECUTES AGREEMENT FOR ACQUISITION BY WELSH, CARSON, ANDERSON & STOWE PRNewswire (press release) "Global Financial Information Corp." was the entity formed from Bridge and several other companies combined by Welsh, but the entire concern named ...
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Reuters Group
Reuters Group plc was a British multinational media and financial information company headquartered in London, United Kingdom. It was acquired by the Thomson Corporation in 2008, forming Thomson Reuters, and moving its head office to Toronto. Reuters Group was best known for the Reuters news agency, which was the original business of the company. By the time of its acquisition by Thomson, the bulk of Reuters Group's revenues came from the provision of financial market data, with news reporting comprising less than 10% of its turnover. History Beginnings Paul Julius Reuter noticed that, with the electric telegraph, news no longer required days or weeks to travel long distances. In the 1850s, the 34-year-old Reuter was based in Aachen – then in the Kingdom of Prussia, now in Germany – close to the borders with the Netherlands and Belgium. He began using the newly opened Berlin–Aachen telegraph line to send news to Berlin. However, the telegraph did not extend the to ...
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Dean Witter & Co
Dean may refer to: People * Dean (given name) * Dean (surname), a surname of Anglo-Saxon English origin * Dean (South Korean singer), a stage name for singer Kwon Hyuk * Dean Delannoit, a Belgian singer most known by the mononym Dean Titles * Dean (Christianity), persons in certain positions of authority within a religious hierarchy * Dean (education), persons in certain positions of authority in some educational establishments * Dean of the Diplomatic Corps, most senior ambassador in a country's diplomatic corps * Dean of the House, the most senior member of a country's legislature Places * Dean, Victoria, Australia * Dean, Nova Scotia, Canada * De'an County, Jiujiang, Jiangxi, China United Kingdom * Lower Dean, Bedfordshire, England * Upper Dean, Bedfordshire, England * Dean, Cumbria, England * Dean, Oxfordshire, England * Dean, a hamlet in Cranmore, Somerset, England * Dean Village, Midlothian, Scotland * Forest of Dean, Gloucestershire, England * Dene (valley) common topon ...
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Private Equity Firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private-equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private-equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private-equity firms generally receive a return on their investme ...
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Welsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe (WCAS), also referred to as Welsh Carson, is a private equity firm. WCAS was formed in 1979 and focuses on investing in two growth industries, technology and healthcare, primarily in the United States. WCAS has a current portfolio of approximately 30 companies and has organized 17 limited partnerships with total capital of over $27 billion, consisting of 13 equity partnerships and four subordinated debt partnerships. WCAS is currently investing equity funds, including WCAS XII, L.P. and WCAS XIII, L.P. WCAS's strategy is to (i) buy growth businesses, (ii) partner with outstanding management teams, and (iii) build value for WCAS's investors through a combination of operational improvements, internal growth initiatives, and strategic acquisitions. WCAS differentiates itself from other private equity firms by industry specialization, investment track record, growth oriented and operational focus, repeat management teams, and the continuity and financ ...
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Knight Ridder
Knight Ridder was an American media company, specializing in newspaper and Internet publishing. Until it was bought by McClatchy on June 27, 2006, it was the second largest newspaper publisher in the United States, with 32 daily newspaper brands sold. Its headquarters were located in San Jose, California. History Origins The corporate ancestors of Knight Ridder were Knight Newspapers, Inc. and Ridder Publications, Inc. The first company was founded by John S. Knight upon inheriting control of the '' Akron Beacon Journal'' from his father, Charles Landon Knight, in 1933; the second company was founded by Herman Ridder when he acquired the , a German language newspaper, in 1892. As anti-German sentiment increased in the interwar period, Ridder successfully transitioned into English language publishing by acquiring ''The Journal of Commerce'' in 1926. Both companies went public in 1969 and merged on July 11, 1974. For a brief time, the combined company was the largest newspaper p ...
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Telerate
Telerate was a US company providing financial data to market participants, specialising in commercial paper and bond prices. It was a pioneer in the electronic distribution of real-time market information in the 1970s. With its main innovation being to extend the technology that was used to obtain live stock prices, via Telequote, Quotron or Stockmaster to other sectors of the financial industry, such as corporate debt, currencies, interest rates and commodities. The company was founded by Neil Hirsch and it became a major provider of market data through the 1970s and 1980s. The company was bought by Dow Jones & Company in 1990 but the hedonistic lifestyle of its founders and senior manager clashed with the strait-laced culture of Dow Jones & Company causing issues within Dow Jones. Dow Jones' aim was to use Telerate to compete against market dominant Reuters. However, Dow Jones lost focus and the business was eventually consigned to the backwater of the business. It was sold a ...
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Dow Jones & Company
Dow Jones & Company, Inc. is an American publishing firm owned by News Corp and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', ''Barron's'', ''MarketWatch'', ''Mansion Global'', ''Financial News'' and ''Private Equity News''. It formerly published the Dow Jones Industrial Average. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public - this is one of the reasons why Dow Jones & Company is well known for their publications and transferring of important and sometimes difficult to understand financial information to people across the globe. Nevertheless, the three reporters were joined in control of the organization by Thomas F. Woodlock. Dow Jones was acquired in 1902 by Clarence Barron, the leading financial journalist of the da ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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