Article: Global Insight Agrees to Invest in 'Best Independent Research'; Parties to Develop Independent Research for Brokers and Investors.

WALTHAM, Mass., Jan. 6 /PRNewswire/ -- Global Insight, Inc. announced today that it has executed a letter of intent to make an investment in Best Independent Research LLC (BIR), a consortium of major independent research firms. The initial investment will be for a minority position with options that could lead to majority ownership. The Global Insight investment will strengthen BIR's ability to market its independent equity research to investment banks and brokers, including those covered by the Global Analyst Settlement.

Global Insight is a private company founded by Dr. Joseph E. Kasputys to bring together DRI and WEFA, the world's two leading companies in ...

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