Tuesday, March 22, 2016

Markit Ltd. (MRKT) Soared To A New High After Merger With IHS

Markit Ltd. (MRKT) and IHS Inc. (IHS) announced Monday morning that they signed a definitive agreement to combine in an all-share merger of equals. The implied equity value of the transaction is more than $13 billion. The combined company will be renamed IHS Markit and will be headquartered in London.

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