Tuesday, March 31, 2009

 

Todd Investment partners to buy back firm, merge with Veredus

The partners in Todd Investment Advisors, one of Louisvilleā€™s largest institutional-investment firms, are buying back the firm from Cincinnati-based Fort Washington Investment Advisors Inc. and merging with another Louisville firm... Terms of the deal were not disclosed in a news release from the firms.

The release said the deal is a definitive agreement that is expected to close at the end of April... Upon completing the purchase, the Todd partners will merge with Veredus Asset Management to form Todd/Veredus Asset Management LLC...

BizJournals: Todd Investment partners to buy back firm, merge with Veredus

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