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Tuesday, September 1, 2009 Federated Completes the Final Touches on its Latest Deal Federated Investors has wrapped up its acquisition of two Touchstone funds. Shareholders approved the reorganization of the $162.8 million Touchstone Value Opportunities Fund into the Federated Clover Value Fund and the $94.5 million Touchstone Diversified Small Cap Value Fund into the Federated Clover Small Value Fund. The two Touchstone funds had been sub-advised by Clover Capital Management, which Federated acquired last year. Printed from: MFWire.com/story.asp?s=22477 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |