GAMCO Investors, Inc. Spins Out Subsidiary Associated Capital Group, Inc.
NEW YORK - Paul Hastings LLP, a leading global law firm, represented GAMCO Investors, Inc. (NYSE: GBL) in the spin-off of its subsidiary, Associated Capital Group, Inc. (NYSE: AC), which operates alternative investment management and institutional research services businesses.
As a result of the spin-off, Associated Capital Group, Inc. is a separate, NYSE-listed publicly traded company. The spin-off was consummated on November 30, 2015.
GAMCO Investors, Inc. is a widely-recognized provider of investment advisory services to open and closed-end funds and institutional and private wealth management investors.
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