Duff & Phelps Corp. (DUF) announced Sunday that it agreed to be acquired by a consortium comprising controlled affiliates of or funds managed by The Carlyle Group, Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group, for $15.55 per share in cash in a transaction valued at approximately $665.5 million. The transaction is expected to close in the first half of 2013.
Duff & Phelps gapped open sharply higher Monday, but was range-bound throughout the session. Shares finished up by 2.57 at $15.62 on the highest volume of the year. The stock leaped to nearly an 8-month high.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.