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Transunion confirms to acquire Neustar for $3.1 billion in cash

·1 min read
Transunion confirms to acquire Neustar for $3.1 billion in cash
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TransUnion said Monday it has agreed to acquire Neustar from a group led by Golden Gate Capital Communications for $3.1 billion in cash, confirming a report in the Wall Street Journal Sunday. The Chicago-based consumer-credit reporting company said it expects the deal to close in the fourth quarter. Neustar, an identify-theft and fraud company, is expected to generate about $575 million of revenue in 2021. The deal "expands TransUnion's powerful digital identity capabilities through the addition