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June 27, 2014
08:03 EDTMSCIMSCI to acquire GMI Ratings for $15M in cash
MSCI has agreed to acquire GMI Ratings, a provider of ESG ratings and research to institutional investors, through its subsidiary MSCI ESG Research Inc. The transaction is expected to close in the third quarter, subject to customary closing conditions. The total consideration for GMI Ratings is $15M in cash, subject to customary closing adjustments. The transaction is not expected to have a material impact on MSCIís results of operations for 2014. Davis Polk & Wardwell LLP acted as legal advisers to MSCI.
News For MSCI From The Last 14 Days
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May 19, 2015
08:45 EDTMSCIMSCI says $300M ASR completed, $550M remains under buyback authorization
MSCI Inc. announced that it will receive approximately 1.2M shares of its common stock on May 21 in connection with the settlement of the $300M accelerated share repurchase agreement, or ASR, it entered into on September 18, 2014. MSCI repurchased a total of 5.7M shares as part of the September 2014 ASR. The outstanding authorization of the board to repurchase shares of MSCI common stock with an aggregate value of up to $550M is part of MSCIís commitment to return approximately $1B in capital to shareholders by the end of 2016.

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