MSCI to sell ISS for $364 mln

March 18 Tue Mar 18, 2014 8:40am EDT

March 18 (Reuters) - Stock market index provider MSCI Inc said it would sell proxy advisory unit Institutional Shareholder Services (ISS) to Vestar Capital Partners for $364 million in cash.

The company said in October that it was exploring a sale or other options for the influential and often-controversial business.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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