Dun & Bradstreet confirms takeover interest, hires Bank of America to evaluate offers

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Dun & Bradstreet confirms takeover interest, hires Bank of America to evaluate offers
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The company said on Monday that the interest was from third parties, but did not provide any further details. Dun & Bradstreet was working with investment...

- Dun & Bradstreet said it has received "inbound interest" and was working with Bank of America to evaluate the inquiries, days after a report that the data and analytics provider was exploring options including a potential sale.

The data and analytics provider's shares closed at $11.82 on Friday, highest in more than six months, giving the company a market value of more than $5 billion.Dun & Bradstreet, which traces its origins to 1841, is one of Wall Street's oldest data and analytics providers. It currently serves about 135,000 businesses, including 90% of the Fortune 500 companies, according to its website.

Intel is in the process of receiving the second of ASML's new 350 million euro "High NA" EUV tools, CEO Pat Gelsinger said, according to a transcript of the company's Aug. 1 earnings call. Intel began receiving the first of the massive machines, which take months to install and are expected to enable new generations of more powerful computer chips, in December.

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