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TMX Group to Buy RAFI Indices for $490 Million

By Robb M. StewartTMX Group has struck a deal to buy index provider RAFI Indices for $490 million, a move that is expected to triple assets under indexing.The parent of the Toronto Stock Exchange said after the market closed Thursday that it has reached an agreement to acquire RAFI from its founder…

Dow Jones Newswires

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