End Of Era: DEC Prepares To Sell Off Dectrade Unit
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After spending more than five years flogging Dectrade and related products, Digital Equipment Corp. (DEC) looks like it may finally be bailing out of the trading software market.
Sungard Capital Markets Inc. looks to be the likely acquirer of Digital Capital Markets (DCM), the London-based dealing room systems unit of DEC. As TST goes to press, sources say negotiations between the two parties remain at an advanced stage. However, the sources caution that the deal could still fall through and that
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