FactSet Buys Again, This Time For Research

Financial data vendor FactSet Research Systems has agreed to acquire the outstanding capital stock of StreamVPN, a London-based provider of software to filter, track and evaluate equity research and investment ideas. FactSet will pay consideration of £13 million, subject to adjustment based on levels of working capital. Contingent consideration will be payable if certain subscription targets are met within twelve months of the deal closing. StreamVPN

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