Barra Buys Minority Share In IDB Liberty; Deal Yields Access To Treasury Bond Data

RESEARCH & ANALYTICS

Barra Inc., a provider of investment management tools and analytical software, has acquired a minority stake in interdealer Treasury broker Liberty Brokerage Inc. Through the purchase, announced last week, Barra will gain access to Liberty's Treasury data.

Barra paid $5.5 million for a stake of less than 10 percent of the broker. The vendor will receive a seat on the board and voting preferred stock that is convertible into Liberty common stock.

The two companies are further discussing the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here