Pearson PLC
09 January 2006
09 January 2006
Pearson: purchase of IDC shares
Pearson announces that it has purchased 1,130,739 shares in Interactive Data
Corporation (NYSE:IDC), its majority-owned, publicly-quoted financial
information 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 brings
Pearson'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 individual
investors. The Company supplies time-sensitive pricing (including evaluated
pricing), dividend, corporate action, and descriptive information for more than
3.5 million securities traded around the world, including hard-to-value
instruments. Many of the world's best-known financial services and software
companies 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 Exchange
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Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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