TOP NEWS

IHS Acquires Jane's Information Group

IHS Inc., a provider of technical information, products and services to governments and corporations, announced Tuesday that it has acquired Jane's Information Group, a well-known publisher of military information. IHS said it paid The Woodbridge Company Ltd. 4.399 million shares of IHS common stock, which translates to about $183.5 million, based on Monday's closing share price of $41.71. IHS also said Woodbridge, as part of the transaction, agreed to a three-year lockup agreement that restricts its ability to sell any IHS shares. Jane's was founded in 1898. IHS is headquartered in Englewood, Colo., and employs more than 3,500 people worldwide.


RELATED COMPANIES


RELATED STORIES

MARKETPLACE