Market Overview

Artio Global Investors to be Acquired by Aberdeen Asset Management for $2.75/Share in Cash

Artio Global Investors (NYSE: ART) (“Artio Global” or the
“Company”), today announced that it has entered into an agreement and
plan of merger (the “Merger Agreement”) with Aberdeen Asset Management
PLC (“Aberdeen”), a global asset management firm listed on the London
Stock Exchange, pursuant to which Aberdeen will acquire Artio Global for
$2.75 in cash per share (the “Transaction”). The price represents a
premium of approximately 34% over the closing price of Artio Global's
common stock as of February 13, 2013, and a premium of approximately 37%
over the average closing price of Artio Global's common stock during the
30 trading days ending February 13, 2013.

“I am delighted to be able to announce this merger, which we believe

See full press release

Posted-In: News Guidance Contracts Management Global

 

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