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Author: MICHAEL J. de la MERCED

S&P Global agrees to buy IHS Markit, a financial data powerhouse, for $44 billion.

S&P Global, the owner of stock indexes like the Dow and the S&P 500, said on Monday that it plans to acquire IHS Markit for $44 billion, including debt. The transaction would create a financial information powerhouse at a time when data increasingly fuels automated trading. The all-stock deal — the biggest announced so far […]

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