Consolidation Plows On: ADP Acquires Merrin.... To Gird Itself For Thomson Fight?

- WatersTechnology Staff
- 12 Apr 1996

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Just when many industry observers have begun to believe its business (and businesses like it) to be severely threatened by the emergence of the Internet as a potentially viable trading-communications network, Merrin Financial Inc. has been acquired by Automatic Data Processing Inc. The deal calls for Merrin--a provider of automated securities trade order-management and routing services--to develop products specifically for the brokerage industry, without abandoning its existing buy-side focus

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