Standard & Poor's Sells Corporate Value Consulting business.Standard & Poor's (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ), a unit of McGraw-Hill The McGraw-Hill Companies, Inc., (NYSE: MHP) is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are education, publishing, broadcasting, and financial and business services. Cos. (New York), has sold its Corporate Value Consulting (CVC See CSC. ) business to an investor group and CVC management. The unit will then be merged with Duff & Phelps Phelps may refer to: In places in the US:
CVC offers business and share valuations services that are used by clients to deal with a broad range of issues such as to independently support acquisitions or divestments, assist in resolving disputes, assist in the determination of various strategic decisions, or support inter-company transactions for taxation purposes. S&P president Kathleen Corbet said the sale of CVC will enable her company to "focus on its core business of providing independent research, ratings, data, indices and portfolio services." CVC was purchased by McGraw-Hill from PricewaterhouseCoopers (New York) in late 2001. |
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