IHS (IHS) and Markit (MRKT) Announce Merger of Equals
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IHS and Markit to Merge, Creating a Global Leader in Critical Information, Analytics and Solutions
March 21, 2016 6:05 AM EDTCombined company creates a global information powerhouse with leading positions in energy, financial services and transportation, serving a world-leading customer base with the opportunity to deliver a broader set of next-generation solutions across industries
Immediately accretive to combined adjusted earnings; expected combined free cash flow of more than $900 million in 2017
Significant value creation through clearly identified cost synergies of $125 million and revenue opportunities of $100 million
$1 billion share repurchase program in each of 2017 and 2018
LONDON & ENGLEWOOD, Colo.--(BUSINESS WIRE)-- IHS (NYSE: IHS) and Markit (NASDAQ:... More
