Salomon & Smith Barney Merger Likely To Spur IT Policy Reviews
SPECIAL REPORT
Morgan Stanley, Dean Witter, Discover. SBC Warburg Dillon Read. And now . . . Salomon Smith Barney--the latest merger to take place between two leading securities giants, announced September 24. Travelers Group, the parent company of Smith Barney, has agreed to acquire Salomon Brothers for $9 million in stock. The deal is expected to be completed by year-end.
DIFFERENT TRADING SYSTEMS
What it will mean for the technology operations, neither Smith Barney's chief technology Mel Taub, nor Salomon IT
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