Brief: Arrowmark Partners To Buy Assets Of StoneCastle Asset Management
Dec 9 (Reuters) - StoneCastle Financial Corp BANX.O :
* STONECASTLE FINANCIAL- ON DEC 9, CO SAYS ARROWMARK
PARTNERS HAS
ENTERED AGREEMENT TO ACQUIRE PLATFORM & ASSETS OF STONECASTLE
ASSET MANAGEMENT LLC
* STONECASTLE - TERMS OF PROPOSED INVESTMENT ADVISORY
AGREEMENT
BETWEEN CO,STONECASTLE-ARROWMARK MATERIALLY SAME AS EXISTING
AGREEMENT BETWEEN SAM,CO
* STONECASTLE FINANCIAL CORP - IN CONNECTION WITH DEAL,
SANJAI
BHONSLE WILL ASSUME ROLE OF CHAIRMAN AND CEO
Source text: (https://bit.ly/3586Ppz)
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((Reuters.Briefs@thomsonreuters.com;))
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