ADP, Reuters Said To Talk About BISG


Highly placed officials at Reuters Holdings PLC are holding talks with their counterparts at Automatic Data Processing Inc. about acquiring part or all of ADP's ailing Brokerage Information Services Group (BISG) or developing a joint venture, say industry sources. They also say ADP may be talking to other suitors, notably IBM and AT&T, about selling the business.

A Reuters spokesman says he can neither confirm nor deny the claim. He adds: "We have conversations or take looks at things all th