IHS Not Pursuing Acquisition of Solera, Says Chairman and CEO Jerre Stead
September 29 2015 - 9:50AM
Business Wire
IHS Inc. (NYSE: IHS), the leading global source of information
and analytics, today reported results for the third quarter ended
August 31, 2015. During the earnings call with analysts, IHS
Chairman and CEO Jerre Stead responded to speculation about IHS
acquiring Solera.
Mr. Stead said: “Our normal practice is to not comment on market
rumors or speculation and I have only done so one other time.
However, since the recent speculation is causing uncertainty for
shareholders I feel it appropriate to comment that we are not
pursuing the acquisition of Solera. We will not be commenting
further on this topic.”
About IHS Inc. (www.ihs.com)
IHS Inc. (NYSE: IHS) is the leading source of information,
insight and analytics in critical areas that shape today’s business
landscape. Businesses and governments in more than 150 countries
around the globe rely on the comprehensive content, expert
independent analysis and flexible delivery methods of IHS to make
high-impact decisions and develop strategies with speed and
confidence. IHS has been in business since 1959 and became a
publicly traded company on the New York Stock Exchange in 2005.
Headquartered in Englewood, Colorado, USA, IHS is committed to
sustainable, profitable growth and employs about 8,800 people in 32
countries around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners.© 2015
IHS Inc. All rights reserved.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150929006382/en/
IHS Inc.News Media Contact:Ed Mattix, +1
303-397-2467press@ihs.comorInvestor Relations Contact:Eric
Boyer, +1 303-397-2969eric.boyer@ihs.com
IHS (NYSE:IHS)
Historical Stock Chart
From Apr 2024 to May 2024
IHS (NYSE:IHS)
Historical Stock Chart
From May 2023 to May 2024