Interactive Data, a provider of global financial information and analytic tools to investors, is to buy S&P ComStock, Standard & Poor's financial data feed, for $115m (€108.7m).

Sources close to S&P said that Interactive Data, which is 60% owned by the Financial Times, would help to raise ComStock's profile amongst institutions.

Interactive Data buys S&P ComStock service

Melanie Wold

McGraw-Hill

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