Talks On Purchase Of ADP's BISG American Express Short-Circuited

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Talks between highly placed executives at American Express Co.'s Information Services Corp. and Automated Data Processing Inc. about acquiring part or all of ADP's Brokerage Information Services Group (BISG) broke off recently, industry sources say. The negotiations may also have included the creation of a joint venture.

There had been reports of such talks last year. But industry executives say the negotiations did not terminate until early this year.

Further negotiations, while not ruled

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