BlackRock buying SpiderRock to expand customized investing strategies
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The deal will increase BlackRock's ability to offer tax-efficient investment services, especially those relying on options trading, the company said.
BlackRock Inc. said it’s acquiring SpiderRock Advisors, an asset management and technology firm, to expand its customized investing strategies to wealthy clients.
The deal will increase BlackRock’s ability to offer tax-efficient investment services — especially those that rely on options tr
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