William Hawkins
William Hawkins
asset current high manager market quality
In current market conditions, a high quality U.S. asset manager doesn't come cheap.
logic move strategic
There is strategic logic in this move but this is not the end of the story.
issues ownership statement status structure tax technical unless
Technical issues such as the ownership structure and tax status will have to be addressed. But you don't make such a statement unless negotiations are well advanced.
attracted comment create interested people
People want people to be interested in them. People want an outlet, and people want attention. I want people to see things and comment on them or be attracted to them or create controversy.
bid friendly high offer tried
They (Old Mutual) have tried to make the offer as friendly as they can. I would put a pretty high probability on the bid going through.