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Stock impact report

Morningstar Completes Acquisition of CRSP and Extends Relationship with Vanguard

Morningstar, Inc. (MORN) 
Company Research Source: Business Wire
The CRSP integration unites two trusted sources of market insight, reinforcing a shared commitment to transparency, quality, and investor-focused solutions and solidifying Morningstar’s position as a top-tier global index provider. CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, has completed its previously announced acquisition of the Center for Research in Security Prices (CRSP), a premier provider of historical stock market data and indexes, from the University of Chicago, for $365 million, subject to customary adjustments.The acquisition of CRSP brings the CRSP Market Indexes, benchmarks for over $3 trillion in U.S. equities spanning market capitalizations, investment styles, and sectors, into the Morningstar Indexes family, making Morningstar the leading provider of broad US-equity benchmarks that cover the entire market and are the mainstay of retirement plans in the US. Long favored and popularized by the lat Show less Read more
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