ISC Receives Four Preliminary Takeover Offers Valued at Up to $1 Billion

Data provider ISC has received four preliminary takeover offers, including bids from IMCO, Northleaf, OMERS, and QIC. The offers value the company at up to $58 per share, or approximately $1-billion. ISC's board launched a strategic review in September after facing an activist campaign. The company's largest shareholder is the Saskatchewan government, which wants to maintain ISC's head office in Regina and ensure the company's growth benefits the province.