Interactive Data Holdings Files For Initial Public Offering

Interactive Data Holdings Corp. said late Friday it plans to raise up to $100 million in an initial public offering. In a filing with the Securities and Exchange Commission, the financial market data company reported revenue of $939.2 million for 2014. Interactive Data said private-equity firms Silver Lake Group LLC and Warburg Pincus LLC will continue to have majority voting power of all outstanding shares. Morgan Stanley, Barclays, Bank of America Merrill Lynch, and UBS Investment Bank are listed among the underwriters. The company has yet to decide whether to list on the Nasdaq or New York Stock Exchange but plans to use the ticker "IDC".

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