Markit Shareholders and IHS Stockholders Approve Merger-Related Proposals
- The merger between the two companies is expected to complete today and will be known as IHS Markit Ltd.
Markit, a provider of financial information services, and IHS, a source of business insight, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term and expertise, today announced that their stockholders and shareholders have approved each of the Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term-related proposals presented at respective meetings on 11 July, 2016.
Markit: General meeting of shareholders
Shareholders approved proposals to issue Markit common shares in connection with the merger, to amend and restate the bylaws of Markit and to change the name of Markit Ltd to IHS Markit Ltd.
Over 99 percent of the voting shareholders, representing over 91 percent of the outstanding Markit shares, voted in favour of each of the proposals.
IHS: Meeting of stockholders
Stockholders voted in favour of proposals to adopt the merger agreement and to approve, on an advisory, non-binding basis, a specified compensatory arrangement between IHS and its named executive officers relating to the transactions contemplated by the merger agreement.
99 percent of the voting stockholders, representing 84 percent of the outstanding IHS shares, voted in favour of the proposal to adopt the merger agreement.
Markit and IHS expect to complete the merger on 12 July, 2016, subject to certain closing conditions. Upon the closing of the merger, the combined company, IHS Markit Ltd, will be listed on the Nasdaq Global Select Market under the new trading symbol "INFO."
Trading under the new trading symbol is expected to commence on 13 July, 2016.
Markit, a provider of financial information services, and IHS, a source of business insight, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term and expertise, today announced that their stockholders and shareholders have approved each of the Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term-related proposals presented at respective meetings on 11 July, 2016.
Markit: General meeting of shareholders
Shareholders approved proposals to issue Markit common shares in connection with the merger, to amend and restate the bylaws of Markit and to change the name of Markit Ltd to IHS Markit Ltd.
Over 99 percent of the voting shareholders, representing over 91 percent of the outstanding Markit shares, voted in favour of each of the proposals.
IHS: Meeting of stockholders
Stockholders voted in favour of proposals to adopt the merger agreement and to approve, on an advisory, non-binding basis, a specified compensatory arrangement between IHS and its named executive officers relating to the transactions contemplated by the merger agreement.
99 percent of the voting stockholders, representing 84 percent of the outstanding IHS shares, voted in favour of the proposal to adopt the merger agreement.
Markit and IHS expect to complete the merger on 12 July, 2016, subject to certain closing conditions. Upon the closing of the merger, the combined company, IHS Markit Ltd, will be listed on the Nasdaq Global Select Market under the new trading symbol "INFO."
Trading under the new trading symbol is expected to commence on 13 July, 2016.