No More Mistakes With FISHER INVESTMENTS AND ADVENT SAY NOT IN DEAL TALKS.Following reports in the Wall Street Journal that the US-based private equity firm. It was in discussions to purchase Ken Fisher’s money management company. Fisher Investments and Advent International said on Tuesday that they were not in talks for a deal.
Citing persons familiar with the situation. The Wall Street Journal initially announced on Tuesday that Advent was exploring a purchase of Fisher Investments.
No More Mistakes With FISHER INVESTMENTS AND ADVENT SAY NOT IN DEAL TALKS.Fisher Investments denied the Wall Street Journal allegation as “false” and stated. It was not in discussions to be sold. But an Advent representative informed Reuters that Advent was not purchasing Fisher Investments.
Fisher Investments released a statement saying. “Pure and simple, Fisher Investments is not being bought by Advent International, or anyone else.”
Ken Fisher, a billionaire, created Fisher Investments, which manages money for both individual and institutional clients. On its website, the company stated that as of December 31, it managed assets worth over $236 billion
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