HedgeCo.Net — Victory Capital Holdings said Wednesday it had signed a definitive agreement to acquire 100% of First Eagle Investments from Genstar Capital and First Eagle employees for about $7.0 billion. Markets Media printed the firm’s announcement. Reuters independently reported the same $7 billion cash-and-stock deal. An August 26 Form 8-K attached the same press release.
The consideration is about $4.4 billion in cash and $2.0 billion of newly issued Victory equity, plus the assumption of $...
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