M&A - FACTSET RESEARCH SYSTEMS INC

Form Type: 8-K

Filing Date: 2025-02-10

Corporate Action: Acquisition

Type: New

Accession Number: 000101323725000036

Filing Summary: On February 10, 2025, FactSet Research Systems Inc. announced its acquisition of LiquidityBook for a gross purchase price of $246.5 million in cash. LiquidityBook, a provider of cloud-native trading solutions, serves clients in hedge funds, asset and wealth management, outsourced trading, and sell-side middle office operations. The acquisition was completed on February 7, 2025, and financed through borrowings under FactSet's existing revolving credit facility. A press release detailing this acquisition was included as Exhibit 99.1 in the filing.