The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, March 30, 2016|
The website formerly known as IndexUniverse is selling at the end of the week.
Barron's, the Kansas City Star, MarketWatch, Reuters, and of course ETF.com all covered the news.
The pricing and terms of the deal were not disclosed.
This is the third ETF.com sale in less than two years. In 2015 FactSet Research Systems bought ETF.com's data and analytics business, and earlier in 2016 Informa bought ETF.com's "Inside ETFs" conference business.
Concannon states that the ETF.com deal "underscores [Bats'] commitment to the ETF industry." He puts the deal in the context of Bats' "focus on providing unique, value-added content for issuers, brokers, financial advisors, marketing professionals and investors."
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