Sunday, 3 May 2015
Last updated 2 days ago
Mar 26 2014 | 10:42am ET
F&C Asset Management has the backing of its shareholders for a £708 million sale to the Bank of Montreal, the firm said yesterday.
F&C said an overwhelming 99.6% of shares voted in favor of the deal, which was announced in January. The merger will close on May 6.
The vote puts to rest speculation that Elliott Management might seek to drive up BMO’s price or to find a rival bidder. Elliott last month bought an 11% derivatives stake in F&C.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…