About This Source - Bloomberg Markets and Finance
Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent Bloomberg Markets and Finance Items:
Feb.17 — Jupiter Fund Management snapped up rival U.K. Asset Manager Merian Global Investors as the industry faces pressure to consolidate. The British fund manager will pay $482 million through the issue of new Jupiter shares to Merion shareholders with an additional deferred performance payout according to a statement we got today. Bloomberg’s Sam Unsted reports on “Bloomberg Markets: European Open.”