TITLE

Fitch is purchased by IBCA, forming global rating firm

AUTHOR(S)
Kuiper, Mark; Roy, Elizabeth
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/17/97, Vol. 322 Issue 30254, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
9710275628

 

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