SCROLLING NEWS

SCROLLING NEWS

As IMD was going to press, Primark announced that it had agreed to acquire Baseline Financial Services for $40 million from Bowne & Co. and the company's founder, Robert Patterson. Baseline provides 450 investment management firms in North America with historical and fundamental information on over 7,000 US companies. The deal follows the announcement that Primark had acquired UK equity quote provider ICV and forged a joint venture alliance with Dow Jones (IMD, November 4).

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