Tuesday, May 8, 2007

Goldman takes minority stake in Medley

(Reuters) - "It's really a kind of outsourced sales team for us, and the fact that it's Goldman is very attractive to us," said Sassan Ghahramani, chief executive officer of MGA.

Ghahramani declined to specify the size of Goldman's stake, which brings the investment bank together with current owners Boston Ventures, Castanea Partners, and MGA management. Goldman was not immediately available to comment.


Read more at Reuters.com Mergers News

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