A-Team Insight: TMX Group Agrees to Acquire Wall Street Horizon

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Excerpt:

TMX Group, the Toronto-based market operator and data and an analytics provider, has agreed to acquire Boston-based Wall Street Horizon (WSH), a corporate event data provider. The acquisition will extend the global reach of TMX Datalinx’s listed company corporate action and event data offering.

“We’ve done well with the distribution of our core content, and we want to strengthen and deepen that content and expertise,” says Michelle Tran, President, TMX Datalinx. “Purchasing Wall Street Horizon will allow us to expand and grow by adding depth and breadth to that content. Also, we really like the management team, so we’re acquiring not only the content, but the talent as well.”