|Day's Range||13.55 - 13.75|
|52 Week Range||11.96 - 16.62|
|PE Ratio (TTM)||17.97|
|Dividend & Yield||0.44 (3.32%)|
|1y Target Est||N/A|
Shareholders of Janus Capital Group Inc. and Henderson Group plc have signed off on a merger that will create a transatlantic investment-management giant with more than $300 billion under management. Votes representing 86.2 percent of outstanding shares in Janus (JNS) voted Tuesday at a special shareholders' meeting to support the all-stock merger with London-based Henderson (HGG.L), Janus said. “We are pleased with the overwhelming support our shareholders have shown for the planned merger of Janus and Henderson,” said Janus Chairman Glenn Schafer.
Shareholders of British asset manager Henderson Global Investors backed its $6 billion merger with U.S. fund firm Janus Capital on Wednesday, after Janus shareholders approved the deal earlier this week. Henderson last year agreed to buy Janus in an all-share deal, as active fund managers pool resources to fend off growing competition from index-tracking funds. A total of 98.87 percent of votes cast at Henderson's extraordinary general meeting were in favour of the deal, the company said in a statement.
U.S. stocks climbed, lifted by a series of upbeat earnings reports. Major stock indexes have rebounded in recent sessions as corporate earnings have showed sustained strength among U.S. companies.