Nasdaq to buy eVestment Alliance firm for $705 million

• by Reuters
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U.S. exchange operator Nasdaq Inc said on Tuesday it would buy investment analytics provider eVestment Alliance LLC for $705 million to bolster its market technology business and woo more institutional investors. Evestment, whose clients include Morgan Stanley, Google parent Alphabet Inc and BlackRock Inc, provides cloud-based services to help investors monitor market trends and make […]