9th Jan 2006 07:38
Pearson PLC09 January 2006 09 January 2006 Pearson: purchase of IDC shares Pearson announces that it has purchased 1,130,739 shares in Interactive DataCorporation (NYSE:IDC), its majority-owned, publicly-quoted financialinformation company. Pearson purchased the shares from Alan Tessler, an Interactive Data director,and related parties at a price of $21.67 per share in cash. The purchase bringsPearson's total holding in IDC to almost 62%. Ends For more information: Luke Swanson/Deborah Lincoln +44 (0)207 010 2310 About Interactive Data Corporation Interactive Data Corporation is a leading global provider of securities pricing,financial information, and analytic tools to institutional and individualinvestors. The Company supplies time-sensitive pricing (including evaluatedpricing), dividend, corporate action, and descriptive information for more than3.5 million securities traded around the world, including hard-to-valueinstruments. Many of the world's best-known financial services and softwarecompanies subscribe to the Company's services in support of their trading,analysis, portfolio management, and valuation activities. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pearson