SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Financial Services
Aberdeen Buys Artio for $175M

The asset manager also agreed to buy SVG Advisers for $27.3M and integrate it into its private equity fund of funds business

Aberdeen Asset Management PLC will buy Artio Global Investors Inc. (NYSE: ART), an asset management holding company, for $175 million.

The purchase price works out to $2.75 per share.

The deal should expand Aberdeen’s North American business and add to its fixed-income capabilities. The company manages about $302 billion in third-party assets.

As of Dec. 31, New York-based Artio managed about $14.3 billion in assets for a diversified retail and institutional client base. The deal is expected to close by the second or third quarter of 2013.

Aberdeen, headquartered in Philadelphia, also agreed to buy a 50.1 percent stake in SVG Advisers, a private equity specialist, for $27.3 million. SVG will be integrated into Aberdeen’s private equity fund of funds business. 

 

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