Summary
Affiliated Managers Group, Inc. (AMG) has filed an 8-K report on August 6, 2010, to disclose the completion of its acquisition of Pantheon Ventures Inc. and its related entities (collectively "Pantheon") as of June 30, 2010. This report primarily serves to provide investors with the necessary historical financial statements of the acquired Pantheon businesses and pro forma financial information for AMG reflecting the impact of this significant transaction. The filing includes audited financial statements for Pantheon for the years ended December 31, 2009 and 2008, unaudited financial statements for the three months ended March 31, 2010, and unaudited pro forma condensed combined financial information for AMG encompassing the same periods. This information is crucial for understanding the financial scale and potential integration of Pantheon into AMG's operations.
Key Highlights
- 1Completion of the acquisition of Pantheon Ventures Inc. and its subsidiaries as of June 30, 2010.
- 2Filing provides historical audited financial statements for Pantheon for the years ended December 31, 2009, and 2008.
- 3Unaudited condensed combined financial statements for Pantheon for the three months ended March 31, 2010, are included.
- 4Unaudited pro forma condensed combined financial information for AMG, reflecting the acquisition, for the year ended December 31, 2009, and the three months ended March 31, 2010, is presented.
- 5The acquisition is a material event reported under Item 8.01 (Other Events) and financial information is provided under Item 9.01 (Financial Statements and Exhibits).
- 6Consent from independent accountants PricewaterhouseCoopers LLP is included as an exhibit.