Morningstar to acquire CRSP for $375m.

Morningstar, a provider of independent investment insights, agreed to acquire CRSP, a provider of historical stock market data and indexes, for $375m. “By bringing CRSP’s trusted data validation processes and robust indexing methodologies into our fold, we’re reinforcing our commitment to offering high-quality, data-driven tools that empower investors to make smarter decisions. We know that assets tied to indexes play a critical role for asset owners when choosing providers, and this acquisition allows us to expand our capabilities to these clients. With CRSP’s expertise and our shared focus on delivering exceptional value, we’re excited to create even more opportunities for investors and help them achieve their long-term goals,” Kunal Kapoor, Morningstar CEO.