March 18, 2014 / 12:42 PM / in 4 years

MSCI to sell ISS for $364 mln

March 18 (Reuters) - Stock market index provider MSCI Inc said it would sell proxy advisory unit Institutional Shareholder Services (ISS) to Vestar Capital Partners for $364 million in cash.

The company said in October that it was exploring a sale or other options for the influential and often-controversial business.

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