Liberty Set To Buy In, As EJV Still Loses $2-3 Million Monthly
VENDOR STRATEGIES
Just six weeks ago, the EJV Partners L.P. had no paying customers, was losing between $2 and $3 million a month and appeared to have reached an impasse in its efforts to sign up interdealer Treasury broker Liberty Brokerage Inc. as a seventh partner.
Now, sources say, Liberty is poised to do a deal, and could give the vendor the new cash, new data and new management direction it so badly needs. At the same time, revenue has begun to trickle in from the EJV's first two paying UniVu customers
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