Although
Instead, Mansueto said, Morningstar is focused on integrating the fund data business of
“Our core business is growing 20% a year last year, so we can have very fine growth without any acquisitions,” Mansueto said. “We’re in a fortunate position of not needing to do any. But if one came along, we’re also ready to move forward and begin discussions. We’ve a strong balance sheet [and] we don’t have any debt, so we’re financially in a very strong position to do an acquisition.”