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Rating:Report IDs ETF Shops That are Possible Takeover Targets Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, August 08, 2011

Report IDs ETF Shops That are Possible Takeover Targets

News summary by MFWire's editors

The Wall Street Journal's Ari Weinberg picked up on buzz from market watchers on which ETF firms could be takeover targets. Possible targets include ETF Securities Group and WisdomTree Investments, according to Weinberg's article, which is part of the WSJ's Investing in Funds special section.

"ETF Securities is said to be considering an initial public offering, sometimes an invitation to prospective buyers," wrote Weinberg. "WisdomTree, which last month listed on Nasdaq, is largely insider-owned."

A WisdomTree spokesperson told Weinberg that the company is "not blind to the fact that it may be viewed as an attractive acquisition target." 

Edited by: Armie Margaret Lee

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