MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Word surfaced last week that Automatic Data Processing Inc. is looking to acquire Merrin Financial Inc. Officials at both vendors could not be reached for comment at press time. Other sources expressed surprise, although one source close to the smaller vendor says that anything can happen in today's marketplace, where acquisitions and consolidations are commonplace. Merrin may be feeling pressure from the slow-to-be-deployed Financial Information Exchange (FIX) protocol and its proposed Inte

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