NEW YORK--ADP is expected to announce a sale of its Global Treasury Information Services (GTIS) unit to Data Broadcasting Corp. within the next 30 days, according to sources close to the deal.
The sale is no surprise--GTIS has been on the sales block for more than a year. But the acquirer is. It was widely believed that United Financial Services, the data consolidation arm of United News & Media's brokerage units, was on the verge of doing the deal.
The sale of GTIS fits in w
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails