MSCI To Purchase RiskMetrics For $1.6B

Law360, New York (March 1, 2010, 5:29 PM EST) -- MSCI Inc., a provider of investment decision support tools, has agreed to acquire RiskMetrics Group Inc., a risk management company that services the global financial community, in a cash and stock transaction valued at approximately $1.55 billion, the companies announced Monday.

MSCI’s offer consists of $16.35 in cash and 0.1802 shares of MSCI per share of RiskMetrics, and the $1.55 billion estimate is based on a price of $21.75 per share due to MSCI’s closing price of $29.98 per share on Feb. 26, the companies said....
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