IHS Completing Acquisition of Polk and Carfax

IHS

Used Car News - July 8, 2013

Significance of the Data

IHS Inc. will be clos­ing its acqui­si­tion of RL Polk & Co. faster than expect­ed. The buy­er has been grant­ed ear­ly ter­mi­na­tion of the usu­al wait­ing peri­od under the Hart-Scott-Rodi­no Antitrust Improve­ments Act of 1976; the acqui­si­tion is expect­ed to close dur­ing the week of July 15 if the cus­tomer clos­ing con­di­tions are met. IHS plans to play a dom­i­nat­ing role in auto­mo­tive infor­ma­tion and ana­lyt­ics solu­tions as it inte­grates Polk and Car­fax.

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