Victory Capital Management Announces Acquisition of Munder Capital Management
1 minutes ago - BusinessWire via Dow Jones News
CLEVELAND--(BUSINESS WIRE)--April 16, 2014-- Victory Capital Management Inc. and Munder Capital Management ("Munder") announced today that Victory's parent company, Victory Capital Holdings, Inc. ("Victory"), has entered into a purchase agreement to acquire Munder, including its wholly owned subsidiary, Integrity Asset Management, LLC ("Integrity"). The all-cash purchase will form a new independent investment advisory firm headquartered in Cleveland, Ohio. The transaction combines two stro...