Quote industry fallout from proposed Shearson Lehman Bros. acquisition of E.F. Hutton & Co. wasn't clear at press time. Big question is whether Shearson will scrap Hutton's homegrown network -- now in earliest pilot phases (MTR, November 1987) -- in favor of planned ADP system still mostly on drawing board. Hutton had been ADP/Bunker Ramo customer. Stay tuned.
Financial News Network, Inc. owns 97 percent of shares of Data Broadcasting Corp. as result of stock swap with related firm, Infotechn
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails