SunGard Data Systems

(SDS) - Get Report

agreed to acquire some of

Bridge Information Systems'

TST Recommends

financial information business assets for up to $165 million in cash and no assumption of debt.

The deal, which is expected to close by May 31, would include the Bridge information business, the

EJV

bond data and analytics business, and the

BridgeNews LiveWire Company News

service. The

Bridge Trading

brokerage business and the

eBridge

Internet software are also included.

Bridge is currently seeking Chapter 11 bankruptcy protection. The transaction remains subject to higher and better offers.

Shares of SunGard, which is based in Wayne, Pa., gained $3, or 6.5%, to $49 in

New York Stock Exchange

trading Friday.