Charles River in sales talks with State Street: sources


The ticker and logo for State Street Corporation is displayed on a screen at the post where it's traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2016. REUTERS/Brendan McDermid - S1AETMXSESAA
  • Peter Lambertus founded Charles River in 1984
  • Offers front-end trading solution that competes with TPG-backed Eze Software
  • State Street has market cap of more than $40 bln
Financial services firm State Street Corp is in talks to buy Charles River Systems, a maker of investment management software, according to four sources. It’s not clear if discussions include a sale of all or part of Charles River, or ...

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