State Street to Buy Investors Financial for $4.5b in Stock, A 38% Premium (159518)

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State Street to Buy Investors Financial for $4.5b in Stock, A 38% Premium (159518)
at 2007-02-06 15:24:11

State Street Corp, the world's #3 asset manager, announced this morning it has signed a definitive agreement to buy Investors Financial Services Corp. for about $4.5 billion in stock. Investors Financial shareholders will receive 0.9-share of State Street stock for ...

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