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Tuesday, November 02, 2004|
AMG Finishes up Friess Acquisition
Affiliated Managers Group is now the proud owner of a 70 percent stake in Brandywine fund manager, Friess Associates.
AMG purchased a 51 percent stake in Friess on October 31, 2001, and announced its intention to buy an additional 19 percent over the course of three years.
Friess Associates' employees own the remaining 30 percent of the company.
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