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Rating:Federated Completes the Final Touches on its Latest Deal Not Rated 1.0 Email Routing List Email & Route  Print Print
Tuesday, September 01, 2009

Federated Completes the Final Touches on its Latest Deal

by: Armie Margaret Lee

Federated Investors has wrapped up its acquisition of two Touchstone funds. Shareholders approved the reorganization of the $162.8 million Touchstone Value Opportunities Fund into the Federated Clover Value Fund and the $94.5 million Touchstone Diversified Small Cap Value Fund into the Federated Clover Small Value Fund.

The two Touchstone funds had been sub-advised by Clover Capital Management, which Federated acquired last year.  

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