Merrill Lynch Takes Over Part of Suspension Specialist Fox
SCOTTS VALLEY, USA - One of the world's biggest investment companies BofA Merrill Lynch (the investment division of Bank of America) has acquired a stake of close to 10% in the listed suspension expert Fox Factory Holding Corp. BofA Merrill Lynch acquired some 4 million shares of the company's common stock through a secondary public offering (SPO) by Fox's former parent company Compass Diversified Holdings LLC (Codi) and other shareholders.
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