ABRACADABRA! FUND TURNING INTO MANAGER THAT IT BOUGHT: BAKER FENTRESS GIVING UP GHOST TO BECOME LEVIN & CO.
When Baker Fentress & Co. acquired New York value shop John A. Levin & Co. in mid-1996, the…
When Baker Fentress & Co. acquired New York value shop John A. Levin & Co. in mid-1996, the controversial purchase, a first of its kind for a closed-end fund, was hailed as a new beginning for the plodding old portfolio.
Instead, it marked the beginning of the end for $815 million Baker Fentress, o
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