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Waddell & Reed lift F1 stake in $500 mln deal
By: Reuters: Company News
Posted on June 16, 2012 at 05:48 AM EDT
LONDON, June 16 (Reuters) - U.S. asset management company Waddell & Reed has increased its stake in the Formula One motor racing business to 20.9 percent in a $500 million deal, CVC Capital Partners said.
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Related Stocks:
Blackrock, Inc. Waddell & Reed Financial, Inc.
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