McGraw-Hill (MHP) and CME Group (CME) announce a partnership to combine the existing S&P...

|By:, SA News Editor

McGraw-Hill (MHP) and CME Group (CME) announce a partnership to combine the existing S&P Indices business with the Dow Jones Indexes business and leverage licensing fees for their array of products. McGraw-Hill will own 73% of the new joint venture, CME Group will own 24.4% through its affiliates, and Dow Jones will hold 2.6%.