August 2008
Bank Technology News;Aug2008, Vol. 12 Issue 8, p12
Trade Publication
The article offers news briefs in the U.S. Merrill Lynch & Co. sold back its 20% share of Bloomberg LP to the media and financial data company for $4.425 billion due to the net loss of $4.6 million in the second quarter 2008. Fiserv Inc. sells 51% of its insurance business to private equity group Stone Point Capital for $510 million. Temenos has made a successful bid to purchase Financial Objects PLC for $54 million.


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