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Man Group confirms deal talks with Numeric
by Danielle Levy on May 29, 2014 at 08:00
Man Group is in discussions to buy Boston-based investment firm Numeric Holdings.
In a statement to the stock exchange, Man confirmed it is in discussions to buy Numeric, which takes a quantitative approach to running some $13.9 billion.
Man has been particularly acquisitive in recent years, with its notable buy of hedge firm GLG Partners four years ago.
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