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Rating:Dreyfus Acquires Assets Not Rated 2.3 Email Routing List Email & Route  Print Print
Thursday, March 11, 2004

Dreyfus Acquires Assets

Reported by Caitlin  Pickall

The Dreyfus Corp. acquired the assets of the $284 million Thompson Plumb Balanced Fund. The deal closed on January 30, 2004 and was reported Wednesday.

Thomas Plumb, David Duchow, Timothy O'Brien and Clint Oppermann, who operate as Wisconsin Capital Management, Inc., previously Thompson, Plumb & Associates, Inc., will continue to manage the assets.

The assets will be transferred into the newly created Dreyfus Premier Balanced Opportunity Fund, which will assume the Thompson Plumb fundís performance record. That record includes positive returns in all but one year since 1987. 

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