Purchasers Could Drop MFS, Putnam Names

The companies that acquire MFS Investments and Putnam Investments may very well drop the names due to the fact many investors still associate them with the trading scandal, financial executives tell the Boston Herald.After all, they reason, the purchasers of Bank of Boston, Shawmut and Fleet dropped those names, too, even though they were considered to be quite venerable. Instead, the companies that acquire MFS and Putnam are likely to give the companies a complete makeover.

“The question is whether there is any benefit to keeping MFS or Putnam on the door. I would probably say not,” said one executive.