Terence Chapman Looks For Buyer
TRADING FLOOR TECHNOLOGY
LONDON--Financial IT consultancy The Terence Chapman Group announced last week that it is open to merger or takeover offers, following poor half-year results and a recent earnings warning of worse-than-expected full year results in August.
The firm blames IT spending cuts, particularly in the use of consultants, in its core investment banking market for its dismal outlook.
John Moore, managing partner of UK management consultancy MA partners, says Terence Chapman’s segment has been particularly
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