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In related news, Morningstar (Chicago, IL) has also completed its previously announced acquisition of the equity research and data business of C.P.M.S.

In related news, Morningstar (Chicago, IL) has also completed its previously announced acquisition of the equity research and data business of C.P.M.S. Computerized Portfolio Management Services, Inc. (Toronto, ON), a privately owned equity research and data firm, for approximately $13.26 million (C$16.1 million). C.P.M.S. Computerized Portfolio Management Services tracks fundamental equity data for about 4,000 securities in the U.S. and Canada and provides brokerage earnings estimates for Canadian equities.

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Comment:In related news, Morningstar (Chicago, IL) has also completed its previously announced acquisition of the equity research and data business of C.P.M.S.
Publication:Business Publisher
Article Type:Brief article
Geographic Code:1CANA
Date:Jun 1, 2009
Words:80
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