DST Systems has signed a definitive agreement to acquire ALPS for $250 million in cash.
Once the deal closes, which is expected in the fourth quarter, ALPS will be marketed as "ALPS, a DST Company."
Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.
3-Week Free Trial
Insight and analysis into the management, marketing, operations and technology of the asset management industry.
Have an account? Sign In