IHS, Markit to Merge, Combining Analytics, Data Providers

The vendors will leverage each others' content sets and analytics to create new products, which will be delivered via a new cloud platform.

IHS, which was previously headquartered in Colorado, will now call London its headquarters.

Based on the closing prices of IHS and Markit common stock on March 18, 2016, the deal will see the resulting merged company valued at more than $13 billion.

Once complete, the merged company will be renamed IHS Markit, and will be headquartered in London, with certain "key" operations remaining in Colorado.

Officials say the combination will generate richer and broader products and services to support the decision-making and regulatory management needs of a wider range of clients, while the

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