Shark Still Can't Find Buyer, Despite Slashed Price


After months of searching, troubled Wang Laboratories Inc. still can't seem to find a buyer for its Wang Financial Information Services Corp. (WFISC) subsidiary that distributes Shark market data products (IMD, Nov. 27, 1989). But after all, this is something of a buyer's market, with Automatic Data Processing Inc.'s brokerage unit and other equity information services said to be up for sale (MTR, Nov. 13, 1989).

With 4,000 active screens as of late last year, the Wang subsidiary should be wo