Thursday, June 29, 2006

 

Genworth Buying AssetMark For $230 Million

Holding company Genworth Financial Inc. said Thursday it will acquire AssetMark Investment Services, a provider of outsourced managed account services to independent financial advisors, for $230 million in cash plus additional performance-based payments of up to $110 million over five years.

Genworth Buying AssetMark For $230 Million
Source: Yahoo! Finance

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