So what does this proposed acquisition mean to IGR stockholders? I'm a small time investor and not sure what this means should I be worried or happy...any help is greatly appreciated. I've been investing in this stock for 3 years.
In a nutshell, this guy runs a large, global real estate investment company and appears to be buying into the ING/Clarion business as the operations management guy. There won't be any investment change, or change in fees. (at least not yet) This guy is also becoming the adviser on other ING funds.