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IHS Inc. Chief Executive Scott Key said his company's acquisition of automotive-data firm R.L. Polk & Co. should add "significantly" to 2014 earnings per share and cash flow.

IHS announced earlier Monday that it has agreed to buy Polk, based in Southfield, Mich., for $1.4 billion.

Polk, which owns Carfax, a popular provider of information about the repair histories of used cars, has annual revenues of about $400...

Title:
IHS to Acquire Carfax Owner Polk