State Street to Acquire Goldman Sachs Administration Services

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"State Street to Acquire Goldman Sachs Administration Services"

"Boston and New York&nbsp;– July 17, 2012 – State Street Corporation (NYSE: STT), one of the world’s leading providers of financial services to institutional investors, announced today that it has agreed to acquire Goldman Sachs Administration Services (GSAS), a leading hedge fund administrator, from The Goldman Sachs Group, Inc. (NYSE: GS) in a cash transaction with a total purchase price of $550 million, subject to certain adjustments.\r\n<a href=\"/content/dam/gs/gscom/pressroom/press-releases/archived/2012/state-street-press-release.pdf\" target=\"_blank\">Read the State Street Press Release</a>&nbsp;[PDF, 83 KB]\r\n"

Boston and New York&nbsp;– July 17, 2012 – State Street Corporation (NYSE: STT), one of the world’s leading providers of financial services to institutional investors, announced today that it has agreed to acquire Goldman Sachs Administration Services (GSAS), a leading hedge fund administrator, from The Goldman Sachs Group, Inc. (NYSE: GS) in a cash transaction with a total purchase price of $550 million, subject to certain adjustments.
<a href="/pressroom/press-releases/archived/2012/state-street-press-release.pdf" target="_blank">Read the State Street Press Release</a>&nbsp;[PDF, 83 KB]

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