|
|
Article: Guggenheim Partners to Acquire Investment Adviser to Claymore-Advised Funds.
- Article from:
- Biotech Week
- Article date:
- August 26, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Guggenheim Partners, LLC ("Guggenheim Partners"), a global diversified financial services firm, and Claymore Group Inc. ("Claymore"), a leading provider of innovative investment products, including exchange-traded funds ("ETFs"), closed-end funds ("CEFs" and, together with the ETFs, the "Funds") and unit investment trusts, announced that they have entered into an agreement and plan of merger. As part of the transaction, Claymore and its associated entities, including Claymore Securities, Inc., Claymore Advisors, LLC and Claymore Investments, Inc. in Canada, will become indirect wholly-owned subsidiaries of Guggenheim Partners. The terms of the transaction were not ...