On March 1, Kramer Levin client RiskMetrics Group, Inc. announced that it has entered into a definitive merger agreement, whereby MSCI Inc. will acquire RiskMetrics in a cash and stock transaction valued at approximately $1.55 billion.

RiskMetrics is a leading provider of risk management and corporate governance products and services to the global financial community. MSCI is a leading global provider of investment decision support tools.

The Kramer Levin team that advised RiskMetrics on the deal was led by Corporate partners Howard T. Spilko, Richard H. Gilden and Eric M. Lerner, and associates Fabien Carruzzo, Joshua R. Little, Adam H. Price and Carly Vella; Banking and Finance partner Kenneth Chin; Tax partner Barry Herzog and associate Blake Rigel; Employee Benefits and Executive Compensation partner Christine Lutgens and special counsel Avram J. Cahn; and Intellectual Property partner Kevin M. Moss.

The Deal and AmLaw Daily reported on the deal.