Carlyle consortium to acquire Duff

Investment banking and valuation advisory firm Duff & Phelps has agreed to be acquired for about $665.5m by a group that includes private equity firm Carlyle Group

Investment banking and valuation advisory firm Duff & Phelps said it agreed to be acquired for about $665.5m by a group that includes private equity firm Carlyle Group.

Terms of the deal announced Sunday call for Duff & Phelps shareholders to get $15.55 a share, about a 19% premium to Friday's closing price of $13.05 in New York Stock Exchange composite trading.

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