FactSet Completes Acquisition of Thomson Fundamentals Database
At 25 Jul 2008 11:45:42 in RDR-Data Services, RDR-The Corporation, Reference Data Review
Following the announcement of its intention to acquire a copy of the Thomson Fundamental database in April this year, financial information and analytical applications vendor FactSet Research Systems has announced the completion of the deal. The vendor paid cash consideration of US$63 million for a copy of the database and related assets, daily database updates over the next 18 months and approximately US$1 million of annual revenues.
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