IHS Acquires Jane’s Information Group

ihsIHS Inc. (NYSE: IHS), a global provider of critical technical information, decision-support tools and related services, announced today it has acquired Jane’s Information Group (Jane’s), a leading provider of information to the defense industry and governments, from The Woodbridge Company Limited. IHS purchased Jane’s substantially through the issuance of 4.399 million shares of new IHS common stock, which translates to approximately $183.5 million (U.S.) based on the June 11, 2007 closing price of $41.71 for IHS stock. As part of the transaction, Woodbridge has agreed to a three-year lock-up agreement that restricts its ability to sell any IHS shares.

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