American Century Investments has announced an agreement in principle to acquire the retail mutual fund assets of Kopp Investment Advisors. Assets totaling approximately $300 million to $350 million from Kopp Emerging Growth Fund and Kopp Total Quality Management Fund will be added to American Century New Opportunities II Fund and American Century Equity Growth Fund, respectively. The planned reorganizations were unanimously approved by the boards of American Century and Kopp Funds and are expected to be completed in late February 2007.
American Century Buys Kopp Investment Advisors
American Century Investments has announced an agreement in principle to acquire the retail mutual fund assets of Kopp Investment Advisors. Assets totaling approximately $300 million to $350 million from Kopp Emerging Growth Fund and Kopp Total Quality Management Fund will