Why Carlyle’s Intelliflo acquisition is a bum deal for Invesco

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Why Carlyle’s Intelliflo acquisition is a bum deal for Invesco

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Atlanta-based Invesco sold Intelliflo to Carlyle at a steep discount compared to what it paid for the business seven years agoPhoto: Bloomberg via Getty Images

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Carlyle finally confirmed it is acquiring financial advice technology provider Intelliflo.

Why Carlyle’s Intelliflo acquisition is a bum deal for Invesco
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