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Nationwide Acquires Equity Mutual Funds with $3.6 Billion in Assets

Stradley Ronon represented Nationwide Financial in its agreement with HighMark Capital Management, Inc. wherein it acquired 17 equity and bond mutual funds with $3.6 billion in assets. The transaction expands Nationwide's mutual fund business and enables the company to offer a wider array of investment offerings to financial advisors and their clients, and increases their net assets under management to approximately $51 billion.

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