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Bats Global Markets to acquire ETF data, news provider

Bats Global MarketsInc. said March 29 that it agreed to acquire ETF.com, a provider ofexchange-traded fund data, news and analysis.

The deal's financial terms were not disclosed. The transactionis scheduled to close April 1.

ETF.com will become an independent media subsidiary of Bats GlobalMarkets. ETF.com CEO David Lichtblau will continue in his role.