Tick Data Announces Management Buyback

Tick Data's management is buying the company and receiving funding from Tactex F1 Private Equity Fund. Neal Falkenberry, Tick Data's president, and Thomas Myers, Senior VP, will have two-thirds, while Tactex will have one-third, a spokeswoman says. Tick Data, which is headquartered in Great Falls, Virginia, provides time data for the equities, options and futures markets.

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