MSCI and RiskMetrics Announce RiskMetrics Stockholder Approval of MSCI/RiskMetrics Merger
27 Mai 2010 - 6:33PM
Business Wire
MSCI Inc. (NYSE: MXB) and RiskMetrics Group, Inc. (NYSE: RISK)
today jointly announced that the stockholders of RiskMetrics
approved the adoption of the merger agreement among RiskMetrics,
MSCI and Crossway, Inc., a wholly owned subsidiary of MSCI,
pursuant to which Crossway will be merged with and into
RiskMetrics, with RiskMetrics continuing as the surviving
corporation and a wholly owned subsidiary of MSCI. More than 99% of
the votes cast and over 88% of the outstanding shares of
RiskMetrics common stock as of the record date for the meeting
voted in favor of the proposal.
The transaction, which remains subject to customary closing
conditions, is expected to close on June 1, 2010.
About MSCI Inc.
MSCI Inc. is a leading provider of investment decision support
tools to investment institutions worldwide. MSCI Inc. products
include indices and portfolio risk and performance analytics for
use in managing equity, fixed income and multi-asset class
portfolios.
The Company’s flagship products are the MSCI International
Equity Indices, which include over 120,000 indices calculated daily
across more than 70 countries, and the Barra risk models and
portfolio analytics, which cover 59 equity and 48 fixed income
markets. MSCI Inc. is headquartered in New York, with research and
commercial offices around the world.
About RiskMetrics Group, Inc.
RiskMetrics Group is a leading provider of risk management and
corporate governance products and services to participants in the
global financial markets. By bringing transparency, expertise and
access to the financial markets, RiskMetrics Group helps investors
better understand and manage the risks associated with their
financial holdings. Our solutions address a broad spectrum of risk
across our clients’ financial assets. Headquartered in New York
with 20 global offices, RiskMetrics Group services some of the most
prestigious institutions and corporations worldwide.
Forward-Looking Statements
This document contains forward-looking statements. These
statements relate to future events or to future financial
performance and involve known and unknown risks, uncertainties and
other factors that may cause MSCI’s, RiskMetrics and the combined
company’s actual results, levels of activity, performance, or
achievements to be materially different from any future results,
levels of activity, performance, or achievements expressed or
implied by these forward-looking statements. In some cases, you can
identify forward-looking statements by the use of words such as
“may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” or “continue” or the
negative of these terms or other comparable terminology. You should
not place undue reliance on forward-looking statements because they
involve known and unknown risks, uncertainties and other factors
that are, in some cases, beyond MSCI’s, RiskMetrics and the
combined company’s control and that could materially affect actual
results, levels of activity, performance, or achievements. Such
risks, uncertainties and factors include, but are not limited to:
the risk that a condition to closing of the proposed merger may not
be satisfied; the risk that a regulatory approval that may be
required for the proposed merger is not obtained or is obtained
subject to conditions that are not anticipated; the failure to
consummate or delay in consummating the proposed merger for other
reasons; the combined company’s ability to achieve the synergies
and value creation contemplated by the proposed merger; the
combined company’s ability to promptly and effectively integrate
the businesses of RiskMetrics and MSCI; and the diversion of
management time on merger-related issues.
Other factors that could materially affect MSCI’s, RiskMetrics’
and the combined company’s actual results, levels of activity,
performance or achievements can be found in MSCI’s Annual Report on
Form 10-K for the fiscal year ended November 30, 2009 and filed
with the SEC on January 29, 2010, in RiskMetrics’ December 31, 2009
Annual Form 10-K and Form 10-K/A which were filed with the SEC on
February 24, 2010 and April 30, 2010, respectively, and in their
respective quarterly reports on Form 10-Q and current reports on
Form 8-K. If any of these risks or uncertainties materialize, or if
MSCI’s or RiskMetrics’ underlying assumptions prove to be
incorrect, actual results may vary significantly from what MSCI or
RiskMetrics projected. Any forward-looking statement in this
release reflects MSCI’s or RiskMetrics’ current views with respect
to future events and is subject to these and other risks,
uncertainties and assumptions relating to MSCI’s or RiskMetrics’
operations, results of operations, growth strategy and liquidity.
MSCI and RiskMetrics assume no obligation to publicly update or
revise these forward-looking statements for any reason, whether as
a result of new information, future events, or otherwise.
Rismetrics Grp. (NYSE:RISK)
Graphique Historique de l'Action
De Août 2024 à Sept 2024
Rismetrics Grp. (NYSE:RISK)
Graphique Historique de l'Action
De Sept 2023 à Sept 2024