MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, June 26, 2006 Keystone Fund Firm Up For Grabs? Expansion is not always enough to save fund firms from takeover. Despite recent acquisitions, Federated Investors Inc. may be up for sale, the Pittsburgh Tribune-Review reported Sunday. An analyst at Morningstar described the Pittsburgh-based fund company as trading at a discount, ripe for purchase. "Federated is a stock that's significantly under-valued," Rachel Barnard told the Tribune-Review. "They would be good takeover bait." Federated CEO J. Christopher Donahue declined to speak to the Tribune-Review. Printed from: MFWire.com/story.asp?s=12103 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |