Evercore Partners To Buy 45% Interest In ABS Investment

Symbols: EVR
Posted in: News, M&A
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Evercore Partners Inc (NYSE: EVR) announced its plans to acquire a 45% interest in ABS Investment Management LLC for around $45 million in cash.

Evercore projects the acquisition to add to earnings in 2012.

EVR shares closed at $28.08 on Friday.


 
 
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