Money Portal bid for Burns-Anderson finalised

The deal follows the acquisition by Money Portal of both Bates Investment Services in 2003 and Sage Financial Services in July 2006. Mike Hughes, chief executive of Burns-Anderson, says the deal will bring to an end a 20-year wait for its shareholders to get a return on their investment. “It’s a big day and we are very pleased to be joining Money Portal. “I am very pleased for our shareholders. They have been waiting a long time to get their money, and now they’ll only have to wait another 14 days or so.” Burns-Anderson will keep its name, and Hughes says brand recognition will remain a...