Ameriprise buys Seligman
Ameriprise Financial will acquire J.&W. Seligman & Co. for $440 million, with the deal expected to close during the fourth quarter.
Ameriprise Financial will acquire J.&W. Seligman & Co. for $440 million, with the deal expected to close during the fourth quarter, reports Crain's Pensions & Investments.
Seligman has $18 billion in client money, of which $11 billion is retail, $4 billion institutional and $3 billion from alter
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