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Article: Fund.com Acquires an Equity Interest in Vensure Employer Services and Whyte Lyon Socratic; Names Joseph J. Bianco as Chairman of the Board.
- Article from:
- PR Newswire
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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)
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NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- Fund.com, (BULLETIN BOARD: FNDM) a growing financial services company that creates actively managed ETFs, announced today that it has purchased an equity interest in Mesa, AZ.-based Vensure Employer Services, Inc., a professional employer organization that provides benefits and payroll administration, health and workers' compensation insurance programs, employee training and development services, and retirement benefits plans, such as 401k's, for small and medium businesses. The equity is represented by $21.9 million of participating preferred stock of Vensure.
The company also announced that it had purchased 100% of ...