Article: TWENTIETH CENTURY AND BENHAM TO JOIN FORCES; UNION IS LARGEST EVER BETWEEN NO-LOAD MUTUAL FUND GROUPS.

SAN FRANCISCO/KANSAS CITY--(BUSINESS WIRE)--Feb. 7, 1995--Twentieth Century Companies, Inc., and Benham Management International, Inc., today announced they have signed an agreement for Twentieth Century to acquire Benham Management, creating the nation's fifth-largest family of no-load mutual funds, with assets under management of $37 billion. When the transaction is finalized, the combined organization will offer investors more than 60 true, no-load equity and fixed income funds from a single provider.

The proposed merger, the largest ever between no-load mutual fund families, is subject to regulatory approvals and approval by the shareholders of Benham ...

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