Sale Of ADP's Front Office Business Appears Imminent

ORGANIZATION & MANAGEMENT

NEW YORK--Automatic Data Processing (ADP) is nearing an agreement to sell its front-office data vending businesses, according to sources close to the discussions. Bridge Information Systems appears to be the front runner in the negotiations, say insiders, although Reuters and Thomson Financial Services' ILX unit have previously expressed an interest.

Such an agreement would end months of speculation that ADP has been looking to divest its real-time quote terminal services in order to return t

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: