By Michael DabaieS&P Global said Monday it would sell its Leveraged Commentary and Data business and its related leveraged loan indices to Morningstar Inc.Morningstar agreed to purchase LCD for $650 million in cash, made up of $600 million paid at closing and a contingent payment of up to $50 million payable six months following the closing.

Source: Wall Street Journal April 04, 2022 22:04 UTC