MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 16, 2009 Columbia's Q3 Net Loss Shrinks Columbia Management, whose long-term asset management business is in the process of being acquired by Ameriprise Financial from Bank of America, posted a net loss of $48 million in the third quarter, compared with a net loss of $356 million a year ago. The $1 billion deal with Ameriprise, unveiled last month, is expected to close in the spring of 2010. Printed from: MFWire.com/story.asp?s=22956 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |