Duff & Phelps to be Acquired by Private Equity Consortium for $15.55/Share in Cash

Duff & Phelps Corporation

announced Sunday that it has entered into a definitive merger agreement under which a consortium (“the Consortium”) comprising controlled affiliates of or funds managed by The Carlyle Group

, Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group will acquire the Company for $15.55 per share in cash in a transaction valued at approximately $665.5 million. The offer represents a 19.2% premium to the closing price of Duff & Phelps shares on December 28, 2012, and 27.3% over the Company's volume weighted average share price during the 30 days ended December 28, 2012. The transaction is