Morningstar acquires footnoted

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FDN Database Reference:  F231109-321
Acquirer:   Morningstar

Head Office: USA, Chicago, IL 
Region:  North America
Description:  Morningstar is a  provider of independent investment research. The company has an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 325,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. The company has operations in 20 countries and minority ownership positions in companies based in two other countries.
Category:  Finance
Contact 1:  Kunal Kapoor, president of individual investor software
Contact 2:  Joe Mansueto, Chairman and Chief Executive Officer

Vendor:  Financial Fineprint
Vendor Web:
Other Web Links: Twitter
Location:  USA, Peekskill, NY
Region:  North America
Business Sold:
Description: was founded in 2003 by Michelle Leder, author and journalist. Footnote provides SEC filing information, such as evidence of aggressive accounting, excessive compensation, questionable self-dealing that can indicate more serious problems at a company. Footnoted’s free site is read by professional money managers and analysts, as well as sophisticated individual investors. Footnoted Pro provides insight on actionable items and trends in filings to institutional investors, such as hedge fund firms, that
Category: Finance
Contact:  Michelle Leder, founder
Aprox. Value:  Undisclosed
Details:  Morningstar has acquired the Footnoted business of Financial Fineprint Inc. The acquisition includes the website and the Footnoted Pro service.
Link: Company Announcement

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