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BRIEF-Factset acquires Bisam
March 20, 2017 / 11:28 AM / 6 months ago

BRIEF-Factset acquires Bisam

March 20 (Reuters) - Factset Research Systems Inc

* Factset acquires Bisam, leading performance measurement provider and risk management thought leader

* Deal for $205.2 million

* Borrowed $575 million under a new revolving credit facility to fund transaction and repay existing debt.

* Factset borrowed $575 million under a new revolving credit facility to fund transaction

* Transaction is expected to be accretive by $0.02 to adjusted diluted EPS

* Transaction is expected to be dilutive by $0.06 to GAAP diluted EPS for remainder of fiscal 2017 Source text for Eikon: Further company coverage:

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