Bidders woo MTS shareholders in Milan

Representatives of eSpeed, Euronext and Borsa Italiana will be in Milan tomorrow in a last effort to canvass support from MTS shareholders for their bids for the pan-European electronic bond trading exchange.

Since appointing Goldman Sachs a year ago to review its strategic options, Italy-based MTS has reduced the list of potential suitors to a consortium of Euronext and Borsa Italiana (pictured, left) and a rival offer from eSpeed, a unit of Cantor Fitzgerald.

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