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Morningstar, Inc. (Chicago, IL), a provider of investment research, has entered into an agreement to acquire Aspect Huntley Pty (Sydney), a provider of equity information, research and financial trade publishing in Australia, for about $22 million in cash, about 9% of which will be paid in 2007 subject to post-closing adjustments.


Morningstar, Inc. (Chicago Chicago, city, United States
Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837.
, IL), a provider of investment research, has entered into an agreement to acquire Aspect Huntley Huntley may refer to:
places
  • England
  • Huntley, Gloucestershire
  • Huntley, Staffordshire
  • USA
 Pty (Sydney Sydney, city, Australia
Sydney, city (1991 pop. 3,097,956), capital of New South Wales, SE Australia, surrounding Port Jackson inlet on the Pacific Ocean. Sydney is Australia's largest city, chief port, and main cultural and industrial center.
), a provider of equity information, research and financial trade publishing in Australia, for about $22 million in cash, about 9% of which will be paid in 2007 subject to post-closing adjustments. Aspect Huntley had revenues of A$8.2 million for fiscal year ending June 30, 2005. For the 11 months ending May 31, 2006, Aspect Huntley had about AS 10.8 million in revenue. The company publishes "IFA Immunofluorescent assay (IFA)
A blood test sometimes used to confirm ELISA results instead of using the Western blotting. In an IFA test, HIV antigen is mixed with a fluorescent compound and then with a sample of the patient's blood.
" and "InvestorWeekly" magazines as well as a series of newsletters for individual investors.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Publisher
Date:Jul 1, 2006
Words:102
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