IHS Markit Ltd. visited the Nasdaq MarketSite on July 13 to celebrate the merger of IHS (formerly NYSE: IHS) and Markit (formerly Nasdaq: MRKT), creating a global leader in financial and corporate information.
Following a thorough stock exchange evaluation process, the management of IHS Markit selected Nasdaq for their listing venue and the “INFO” ticker symbol. Commenting on their selection of Nasdaq:
“Nasdaq provides the deepest pool of liquidity in the U.S. market and a comprehensive suite of trading, visibility and corporate solutions powered by cutting-edge technology,” said Jerre Stead, Chairman and Chief Executive Officer, IHS Markit. “Leveraging this partnership, we will be able to provide our customers and shareholders with greater value and enhanced services.”
“To us, Nasdaq has always been an invaluable partner with their dedicated business support and unmatched global network,” said Lance Uggla, President, IHS Markit. “Nasdaq will continue to be a strategic ally as we aim to reshape today’s business landscape with powerful insight, data and analytics.”
The company also celebrated the unveiling of its new company logo. The logo includes a green spiral-shaped pattern that signifies the breadth and depth of the critical information, analytics and solutions IHS Markit delivers for the major industries and markets that drive economies worldwide.
In a #BehindtheBell Facebook Live interview, Stead and Uggla discussed the IHS and Markit merger, the value of the new brand for customers, and the meaning behind the selection of their new ticker symbol, INFO. INFO perfectly fits this newly-joint company as IHS Markit aims to provide “Information in the Information Age.” The merger will allow the company to further leverage their information to provide customers with high-quality insights.
“Nasdaq congratulates IHS Markit on the successful merger and looks forward to supporting the company while they continue to deliver best-in-class intelligence products and services” – Bob Greifeld, Chief Executive Officer, Nasdaq
Watch the Facebook live video to learn more about the IHS-Markit merger.