Ihs shares jump on carfax purchase, overseas goals
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Shares of IHS (IHS), a global information services provider, jumped Monday after it announced Sunday it would buy Carfax and R.L. Polk, an automotive data provider, for $1.4 billion in a
cash and stock deal. IHS shares rose 1.6% to 108.64 in the stock market today. IHS said it will pay 10% in stock and the rest with cash on…