MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Monday, November 3, 2008 Down Markets Keep Mansueto On the Prowl Don't let the woes of the economy and the market fool you: Morningstar is still a buyer. That's the central point chairman and CEO Joe Mansueto told Reuters Friday. "We have plenty of cash and investments on our balance sheet [$309.6 million, to be exact]. I think we are in a good position to make acquisitions," Mansueto said. "With the stronger dollar, we are in an even better positions today to do that overseas." Printed from: MFWire.com/story.asp?s=19788 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |