Hawk Search Executive Recruitment: BIDS FOR PEARSON'S INTERACTIVE DATA

08 February 2010

BIDS FOR PEARSON'S INTERACTIVE DATA

A Telegraph report over the weekend claims Pearson may extend its 12th February 2010 deadline for bids for its Interactive Data (IDC) business in order to accommodate interest from up to 12 parties.

The article says Thomson Reuters is expected to make the most competitive bid from a strategic buyer, ahead of McGraw Hill and Bloomberg, whose appetite for the Pearson's stake in IDC is not as strong.

The Telegraph states that private equity firms including KKR, Blackstone, Bain Capital, TPG and Hellman & Friedman are all thought to be interested in putting in first round bids.

Posted at 11:23 AM in INDUSTRY NEWS | Permalink

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Hawk Search Executive Recruitment

Hawk Search is a boutique Executive Search firm. We work with corporations who supply investment banks, fund managers and hedge funds with data, research, software and technology.

08 February 2010

BIDS FOR PEARSON'S INTERACTIVE DATA

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