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Rating:Fidelity Insists It's Not for Sale Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, February 02, 2009

Fidelity Insists It's Not for Sale

by: Armie Margaret Lee

In case there were still any doubts about whether Fidelity is for sale after chairman Ned Johnson's rare comments to The Boston Globe last week (see The MFWire, 01/30/09), Fidelity spokeswoman Anne Crowley told The Globe that the mutual fund giant is not for sale.

In his comments last week, Johnson did not explicitly state that Fidelity is not for sale. He said, though, that the speculation sounded like a rumor floated by an investment banker seeking business. He added that Fidelity is financially strong.  

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