News | October 26, 2015 11:10 AM EDT
NYSE Owner ICE Buys Financial Data Company IDC for $5.2 Billion - Bloomberg
The New York Stock Exchangeâs owner Intercontinental Exchange Inc. has agreed to buy Interactive Data Corp. from its private-equity owners for $5.2 billion.
ICE will pay $3.65 billion in cash and $1.55 billion in its own shares to buy the firm from Silver Lake and Warburg Pincus, according to a statement on Monday. The private-equity firms had considered an initial public offering for the business as recently as last month.
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