GL Shareholders Weigh Options

- WatersTechnology Staff
- 12 May 2008

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Shareholders in Financière Montmartre holdings-which directly and indirectly hold 63.9 percent of cross-asset trading platform provider GL Trade's capital-are considering various "strategic options" for GL Trade, officials announced recently. These strategic options, likely to strengthen the growth and development of the vendor, include withdrawing their participation, officials add. No decision has yet been made, however. Morgan Stanley has been selected to advise Financière Montmartre and its

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