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Interactive Data Corp Taps Banks For Sale Or Ipo: Sources


Ron Burgundy
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Interactive Data Corp, one of the world's largest financial data providers, has hired banks for a potential sale or an initial public offering that could value it at more than $5 billion, including debt, people familiar with the matter said on Tuesday. IDC's owners, private equity firms Silver Lake Group LLC and Warburg Pincus LLC, have asked Credit Suisse Group AG and Goldman Sachs Group Inc to run an auction for the company, the people said.

 

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