UPDATE 1-Credit bureau TransUnion files for IPO

March 31, 2015 11:33 AM

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March 31 (Reuters) - TransUnion, one of the largest credit bureaus in the United States, filed with U.S. regulators on Tuesday for an initial public offering of common stock.

The company, whose competitors include Equifax Inc and Experian Plc, sells credit reports to lenders which use the data to assess the credit worthiness of borrowers.

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