Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Will Waddell & Reed go the Way of Nuveen? Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, July 17, 2007

Will Waddell & Reed go the Way of Nuveen?

by: Erin Kello

Waddell & Reed may be the next fund firm targeted for a buyout by private equity. Reuters reports that the firm's stock leaped ahead 5.45 percent to a five-year high on Friday after being upgraded by an analyst to a "strong buy." Buckingham Research Group Inc. analyst William Katz confirmed the upgrade, saying it was only due to the fact that the stock was undervalued. However, an options strategist who saw the report said it mentioned the possibility of Waddell & Reed being the target of a private equity buyout. Last month, a private equity group led by Chicago-based Madison Dearborn Partners announced a deal to buy Nuveen Investments.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use