Wilco Acquires Icetrader, As ADP Looks To Buy Wilco
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Wilco International Ltd. has acquired the rights to Icetrader, the bond trading system developed by London-based Iceberg Software Ltd., the only company that has "gold" status in Reuters' third-party applications program in the U.K. Meanwhile, Automatic Data Processing Inc., which has an 18 percent stake in Wilco, is negotiating to buy the rest of Wilco.
Icetrader, which was not sold in the U.S. by Reuters, will be officially launched under the name Gloss Trader in six weeks and marketed out of
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