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news ETF.com Sold for $12.6 Million.

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“On April 1, 2016, the Company completed the acquisition of ETF.com for $12.6 million in cash. ETF.com is a provider of exchange traded fund (ETF) data, news and analysis, with approximately $3.0 million in annual revenue for 2015. The purchase price was allocated to goodwill ($8.5 million), intangible assets ($3.5 million) and working capital ($0.6 million) and is recorded in the U.S. Equities segment.”

ETF.com Sold for $12.6 Million

According to a Securities & Exchange Commission quarterly report filing (10-Q), the …
 
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