Business in Brief

MORNINGSTAR BUYING 3 UNITS FROM IPREO

Morningstar Inc. agreed to pay $51.6 million Monday to acquireHemscott's data, media and investor relations Web site businessesfrom Ipreo Holdings. The acquisition will strengthen Morningstar'sglobal equity database and international presence, the Chicago-based investment research company said. The businesses employroughly 200 employees. The all-cash deal is expected to close inearly January.

BEATTY NAMED CEO OF TELULAR CORP.

Joseph A. Beatty, 44, chief financial officer of Chicago-basedTelular Corp., has been named chief executive officer of thepublicly traded fixed wireless …