MANAGEMENT BRIEFS
MANAGEMENT BRIEFS
Data Broadcasting Corp. (DBC) has completed its acquisition of Los Angeles-based Capital Management Sciences (CMS), a privately held fixed-income analytics provider. The acquisition was for $23.7 million in cash, stock and notes--plus some additional contingent payments based on future performance, according to a DBC spokesperson. CMS's founder, James Kaplan, will join DBC's board of directors, and also continue on as head of CMS. CMS has been growing lately: It generated $5.3 million in
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