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Fundamental Data Limited

Morningstar Biz News Site Buying Investors Database For $19 Million

Oct 3, 2008 9:13 AM

Investment research firm Morningstar is buying Fundamental Data Limited, a UK provider of online information about so-called “closed-end funds”, a type of of investment scheme, for £11 million ($19 million). Fundamental’s products include the web-based dashboard FundWeb and info feeds, offered to investment banks, brokers etc. Morningstar, whose CEO Joe…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, fundamental data limited, morningstar

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