RiskMetrics Group Inc. (RMG) has put itself on the auction block, according to media reports. A number of media companies and private-equity firms have been contacted about a potential acquisition of RiskMetrics, reports stated.
The company could fetch around $1.3 billion in an auction reports said. Still, a completed deal is far from certain, and like any auction, bidders may not offer enough to persuade it to sell.
Among those considering a bid is MSCI Inc., a former Morgan Stanley unit, reports said. Other interested parties include media companies such as Bloomberg, McGraw-Hill Cos. and Thomson Reuters, reports noted.
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