Steven Lowy said the merger with Barrenjoey would create 'a sound long-term investment' for the family. The post Lowy family buys into Magellan after merger news pushes share price 25% higher appeared first on The Motley Fool Australia.
The Magellan Financial Group Ltd (ASX: MFG) share price has risen 25% since news of its proposed merger with Barrenjoey broke.
Magellan announced the deal last Monday, and by the end of the week, o… [+3556 chars]
