MutualFundWire.com: Timeline: Nuveen Sale
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Thursday, June 21, 2007
Timeline: Nuveen Sale
Nuveen Investments was scooped up by Wall Street money men Tuesday morning. This story has links to all of our coverage and a roundup of the deal.
Nuveen Investments Inc. has been taken private in a $5.75 billion deal led by Madison Dearborn Partners LLC, a private equity firm. The price was $65 per share, 20 percent more than the $54.16 Nuveen shares closed at on Tuesday. (See: "Nuveen Sells").
Who is Madison Dearborn Partners? MFWire reporter Erin Kello digs up their background. (See: "Who is Madison Dearborn").
What's next for Nuveen? In a conference call this morning, outgoing CEO Timothy Schwertfeger and soon-to-be CEO John Amboian talk about where the company's headed. MFWire reporter Erin Kello provides a glimpse of the call. (See: "Nuveen Execs Discuss Company's Future").
Will more deals follow? MFWire reporter Neil Anderson talks to industry insiders about the implications of the Nuveen buyout for both other asset managers and Nuveen itself. (See: "What Does the Nuveen Deal Mean?")
Printed from: MFWire.com/story.asp?s=14794
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