BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

What price market share? -- part II. ADP's takeover of Bunker Ramo is looking better and better. Sources say ADP will consolidate Trumbull, CT operations in one building, sell other building for $20 million. Added to $20 million already collected from sale of Bunker's banking business to Olivetti, $80 million Bunker purchase price is cut to $40 million. By trimming Bunker work force down to several hundred, ADP hopes to earn $10 million from Bunker operations this year, says source.

Satellite

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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