Business News

Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal

Goldman Sachs announced it will buy Innovator Capital Management in a $2 billion cash-and-stock deal. Global assets in actively managed exchange-traded funds have reached $1.6 trillion.

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https://www.foxbusiness.com/markets/goldman-sachs-buy-etf-sponsor-innovator-2b-cash-and-stock-deal