Saturday, October 7, 2006
Sun Life's MFS Sale Could Enrich Management
Financial Post, Duncan Mavin, 7 October 2006Executives at MFS Investment Management could find themselves a lot richer if the asset manager is sold off by Canadian parent Sun Life Financial Inc., which has admitted to searching for "strategic alternatives" for its Boston-based subsidiary.Sun Life currently owns 98% of MFS's shares, leaving about 2% for MFS's management.However, management is
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