filed a shelf registration to raise up to $142.7 million in debt, common stock and preferred stock on April 18. The firm did not disclose the intended use of the funds.
In the past the parent of Janus and Berger has raised capital to finance stock purchase programs and purchase stock from Janus Founder Thomas Bailey. The moves appear to be part of a succession strategy to pass stock ownership to the next generation of senior managers at the fund firm.
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