Choose Site

Press Release

Morgan Lewis Advises IDC on $3.4 Billion Transaction

May 04, 2010

Company’s sale is one of the largest post-financial crisis private equity deals to date

NEW YORK, May 4, 2010: Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related solutions, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by Silver Lake and Warburg Pincus in a transaction with a total value of $3.4 billion. Morgan Lewis advised IDC on the transaction—one of the largest private equity deals to take place since the financial crisis.

The Morgan Lewis team included Business and Finance M&A partners Charles Engros and Rob Dickey, aided by associates Eric Gallo and Shawmir Naeem; Antitrust partners Harry Robins and Scott Stempel; Tax partner Richard Zarin; Employee Benefits and Executive Compensation partner Gary Rothstein; Finance partners Patty Brennan and Richard Petretti; and Securities partner David Sirignano.

For additional details on the transaction, please see IDC’s press release at