Earlier reports had MMC Chief Executive Officer Michael G. Cherkasky saying that a decision would be reached by the end of the month.
Although there had been reports that Power Financial Corp. struck a deal to acquire Putnam for $3.9 billion, MMC says it is still entertaining various options.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
