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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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.

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