Hemscott Weighs its Future

FRONT PAGE: ORGANIZATION & STRATEGY

UK fundamental data provider Hemscott is bracing itself to be taken over or take itself private.

With last week's financial results, the vendor confirmed a February announcement, saying that it is still in discussions that may lead to a bid being made for the company. If the talks fail to produce a deal, Hemscott's management plans to buy out shareholders and take the company private.

However, an industry source has told Inside Market Data that a deal is close to being struck.

At press time,

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