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FRRPF - Integrated Asset Management - A Merger With 2 Bonus Items
Fiera Capital Corp
Integrated Asset Management (ITGQF)[TSX:IAM] is (unsurprisingly given the name) and asset manager based in Canada. The company has agreed to be acquired by Fiera Capital (FRRPF)[TSX:FSZ]. Both companies compete in the same space, and this will add scale to the combined platform. As they are both Canadian companies and trade with greater volume in Toronto, all figures in this report will be in CAD unless otherwise noted.
The agreement calls for consideration of $2.576 CAD per IAM share, along with a few bonus items, the value of which is not yet