ADP Dealer Services withdraws offer to purchase Datapoint's European Auto Dealer Systems Business.CHICAGO--(BUSINESS WIRE)--Feb. 7, 1996--Automatic Data Processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a Inc.'s Dealer Services Group announced today that it had withdrawn its offer last week to acquire Datapoint's European Auto Dealer Systems business and has no intention of renewing its offer. ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. had been in the process of due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. with Datapoint when this announcement was made by Peter M. Leger, president of ADP's Dealer Services Group. ADP Dealer Services provides turnkey systems, including more than 30 software applications to over 15,000 auto and truck dealers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe, Asia and Latin America. ADP helps its clients improve their business performance by providing computerized transaction processing, data communications, information and consulting services. Dealer Services, the third largest business unit of ADP Inc., is a leading supplier of computer services and solutions to the automobile, heavy truck and equipment dealerships. With over $3 billion in revenue annually and more than 350,000 clients worldwide, ADP is one of the largest computing services firms in the world. CONTACT: ADP Inc. Gord Mettam, Managing Director Europe, 011-44-0171-971-2604 Marc Griffin, Vice President, North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Sales, 847-397-1700 |
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