Interactive Data Corporation will acquire the Securities Pricing Service (MLSPS) of Merrill Lynch & Co., Inc. for $48 million in cash. MLSPS is a provider of information on global financial instruments and provides prices on 2.9 million equity and fixed income securities. Clients include those responsible for calculating mutual fund NAVs.
IDC Buys Merrill Lynch Securities Pricing Service
Interactive Data Corporation will acquire the Securities Pricing Service (MLSPS) of Merrill Lynch & Co., Inc. for $48 million in cash. MLSPS is a provider of information on global financial instruments and provides prices on 2.9 million equity and fixed
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