A day after
BlackRock unveiled its mega deal to buy
Barclays Global Investors, BlackRock CEO
Larry Fink is putting his checkbook away.
"I could certainly say from my behalf, and I think for my board, we are not contemplating anything beyond this," the
New York Times quotes Fink as saying at a conference call with analysts Friday morning. "We are not doing any more transactions for the time being."
Last month, reports surfaced that BlackRock had submitted a preliminary offer for
Columbia Management, Bank of America's investment management unit.
Franklin Resources and
Federated Investors reportedly put in bids for Columbia as well.
 
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