Man Group (Other OTC: MNGPF - news) has bought U.S. asset manager Numeric Holdings for an initial $219 million to broaden the British hedge fund's U.S. and computer-driven fund activities. Privately-owned Boston-based Numeric has been up for sale since early 2013 and Man Group confirmed last month it was in talks to buy the company, which has $14.7 billion of assets under management, mostly ...
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