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D&B Completed Acquisition of D&B Credibility Corporation

D&B Logo 600x200Dun & Bradstreet, Inc. (“D&B Inc.”), a direct, wholly-owned subsidiary of The Dun & Bradstreet Corporation (the “Company”), completed on May 12th 2015 its previously announced acquisition of Credibility Corp. (“Target”), pursuant to which Brad Acquisition Corp., a direct, wholly-owned subsidiary of D&B Inc., was merged with and into Target, with Target continuing as the surviving corporation (the “Merger”). D&B Inc. paid $320.0 million in cash at closing, which amount will be subject to a post-closing purchase price adjustment for working capital of Target. The purchase price was funded primarily with cash on hand, with the remaining amount funded through the Company’s revolving credit facility.

Source:  D&B SEC Filing

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