Future Of Pont Data In Question As U.K. Headquarters Mulls Alternatives Text
THIS WEEK'S LEAD STORIES
The future of Pont Data Inc. was in question last week as the company's U.K. corporate entity -- Pont Data Co. -- began weighing its legal options: whether to enter voluntary administration and try to maintain a going concern, or to go into receivership and sell itself off in bits and pieces. Pont's predicament follows its failed efforts to secure financing from and/or relationships with a number of market data vendors.
Late last week it remained unclear whether Pont's U.S. subsidiary would
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