INFO - Shareholders of IHS Markit S&P Global overwhelmingly approve $44B combination
In meetings, shareholders of S&P Global (SPGI) and IHS Markit (INFO) approved S&P Global's $44B acquisition of IHS Markit. S&P Global's shareholders overwhelmingly approved the deal, with about 99% of votes cast in favor. IHS Markit shareholders approved by a similar margin, with 98.95% of votes cash in favor. Each share of IHS Markit common stock will be exchanged for a fixed ratio of 0.2838 shares of S&P Global common stock. The companies expected the deal to close in the second half after required regulatory approvals. The deal has received a second request from the Justice Dept.
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Shareholders of IHS Markit, S&P Global overwhelmingly approve $44B combination