IDD Splits From Parent In Management Buyout, Merges With MLR Publishing


Investment Dealers' Digest Inc. has broken away from parent London-based United Newspapers PLC in a management-led buyout and merger with Philadelphia-based MLR Publishing Co., a mergers and acquisitions information provider. The new company will be known as IDD Inc., capitalizing on IDD's greater name recognition and industry profile, say officials of the new IDD.

The merger pairs IDD's publishing and information services divisions, targeted primarily at investment banks and institutional i