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Rekenthaler article about fund company buying another fund company

This is at Morningstar.
I like Rekenthaler's articles. He almost always uses some hard data to make his points.
And he usually leaves me wanting to know more; that is, its usually a short read.

This article says that (usually) one company taking over another doesn't help the fundholders.

https://www.morningstar.com/funds/why-fund-company-acquisitions-rarely-succeed


David
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