MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

At press time, word emerged that Automatic Data Processing Inc. has agreed to purchase Stockmate Financial Systems Inc. According to an ADP spokesperson, the vendor--which markets the leading North American stock quote system under the aegis of its Financial Information Services unit--has signed a contract to buy "certain assets" of Stockmate. (FIS was previously known as ADP's Brokerage Information Services Group, or BISG.) Specifically, she says, ADP will soon own Stockmate's installed bas

To continue reading...