Fitch is purchased by IBCA, forming global rating firm

Kuiper, Mark; Roy, Elizabeth
October 1997
Bond Buyer;10/17/97, Vol. 322 Issue 30254, p1
Trade Publication
Reports that London-based IBCA Ltd. announced its purchase of Fitch Investors Service Inc. Possible boosting of Fitch's business in structure municipal deals; Estimate on the total combined revenue of the new company; Issues to be addressed in the merger; Difference in the companies' ratings of New York City's municipal bonds; Fitch as an upstart in municipal bond rating business.


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