Tenfold Scrambles For Cash, Sells Longview to French
MERGERS AND ACQUISITIONS
NEW YORK--Tenfold revealed on March 15 that subsidiary Argenesis had sold the Longview Group and its Longview UK subsidiary to the French firm Linedata Services. This accompanied the same-day announcement that Tenfold was closing offices in four US cities and reducing its remaining workstaff by nearly 10 percent. An independent auditor is presently examining the firm’s existing cash balance to determine if it is sufficient for the remainder of 2001.
An industry insider who wishes to remain an
More on Risk Management, Performance & Reporting
Waters Wavelength
Waters Wavelength Podcast Episode 83: Systematic Internalizers & RegTech
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.
Subscribe to Weekly Wrap emails
Back to Top