Report: Vanguard made $5B bid for Barclays’ iShares
June 2nd, 2009
The Vanguard Group Inc. has made a $5 billion bid to purchase the iShares exchange traded fund business from Barclays PLC of London, the Sunday Telegraph of London reported on Saturday, citing unidentified sources.
William Blair & Co LLC of Chicago is advising Malvern, Pa.-based Vanguard on its bid, the newspaper reported.
“Those rumors have been out [...]
