Transactions
Morningstar Acquires Equity Research and Data Business of C.P.M.S. Computerized Portfolio Management Services
By Sabrina Fiorellino, John P. McGowan, Bruce McNeely, Christopher B. Norton
On May 1, 2009, Morningstar Research Inc. acquired the equity research and data business of C.P.M.S. Computerized Portfolio Management Services Inc., a privately owned independent equity research and data firm in Toronto, for $16.1 million, subject to post-closing adjustments.
Richard E. Robbins, General Counsel and Corporate Secretary and Joan McCarthey with the assistance of Bruce McNeely (Business Law), John McGowan (Employment), Alex Ghita (Business Law), Sabrina Fiorellino (Business Law) and Chris Norton (Tax) of Cassels Brock & Blackwell LLP acted as counsel to Morningstar Research Inc.