MSCI Inc. MSCI, a leading provider of investment decision support
tools worldwide, announced today that it has entered into a definitive
agreement to acquire Investor Force Holdings, Inc., an ICG company ICGE and a leading provider of performance measurement and reporting software
to institutional investment consultants in the United States. The transaction
is expected to close in the first quarter of 2013, subject to customary
closing conditions.
The total consideration for Investor Force Holdings, Inc. is $23.5 million,
subject to a final working capital adjustment. The acquisition will be funded
through existing cash and is not expected to have a material impact on MSCI's
results of operations.
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