Morningstar, Inc. has announced its agreement to acquire the Center for Research in Security Prices $(CRSP)$ from the University of Chicago for $375 million. This strategic acquisition aims to bolster Morningstar's position as a leading global index provider by integrating CRSP's historical stock market data and indexes. The acquisition will enhance Morningstar's index offerings and provide significant scale, especially with CRSP's benchmarks covering over $3 trillion in US equities. The transaction, which includes the integration of the CRSP team into Morningstar Indexes, is expected to be completed in the fourth quarter of 2025, pending customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morningstar Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250922814985) on September 23, 2025, and is solely responsible for the information contained therein.