Morningstar Inc. (NASDAQ:MORN) is acquiring the Center for Research in Security Prices from the University of Chicago for $375 million, strengthening its position as one of the largest index providers for US equity index funds. The acquisition gives access to CRSP’s historical stock market data and indexes, generating $55 million in annual revenues. CEO Kunal Kapoor highlights the commitment to offering high-quality, data-driven tools for investors.

Read more at Yahoo Finance: Morningstar, Inc. (MORN) Acquiring Center for Research in Security Prices for $375M