Citigroup Agrees to Buy Bisys, Expanding Fund Operations.
In: Wall Street Journal - Eastern Edition, Jg. 249 (2007-05-03), Heft 103, S. A4
Zeitungsartikel
Zugriff:
The article reports on the plan of Citigroup Inc. to acquire Bisys Group Inc. for $1.45 billion aimed at supporting the company's expansion of its hedge- and mutual-fund services and private-equity operations. The agreement calls for Citygroup to pay $11.85 a share and for Bisys shareholders to collect a special dividend of 15 cents a share to be paid when the deal closes. Citigroup plans to sell Bisys' retirement- and insurance-business divisions to affiliates of J.C. Flowers & Co.
Titel: |
Citigroup Agrees to Buy Bisys, Expanding Fund Operations.
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Autor/in / Beteiligte Person: | Vuocolo, Jonathan |
Zeitschrift: | Wall Street Journal - Eastern Edition, Jg. 249 (2007-05-03), Heft 103, S. A4 |
Veröffentlichung: | 2007 |
Medientyp: | Zeitungsartikel |
ISSN: | 0099-9660 (print) |
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