Teton Advisors to Acquire Keeley Asset Management
New York – Paul Hastings, a leading global law firm, announced today that the firm represented Teton Advisors on its agreement to acquire Keeley Asset Management. At closing, the acquired business will be renamed Keeley Teton Advisors, LLC, and will become a wholly owned subsidiary of Teton Advisors, Inc.
At closing, the combination will create an active asset management organization with $4 billion in assets under management.
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