Dun & Bradstreet Corp.'s shares jumped Tuesday on a report that it is considering a sale of its business.
The Wall Street Journal reported that the company is exploring a potential sale of itself with the help of two investment banks, citing unnamed people familiar with the matter.
A representative for Short Hills, N.J.-based Dun & Bradstreet could not be reached for comment.
Dun & Bradstreet has informally explored a sale in the past year, but the report said there was limited interest from technology and information-services buyers. The company, which makes money selling credit and business data to financial firms, government agencies and others, could still attract private equity buyers.
Shares were trading fairly evenly through the day after opening at $70.41 but shot up once news of the possible sale hit. Its shares gained $9.49, more than 13 percent, to close at $80.19.
