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Fidelity Investments strikes first takeover since 2015
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Fidelity Investments struck its first takeover in more than seven years, acquiring a stock-plan software company that caters to technology startups and other privately held firms.
Fidelity said 10 January it bought closely held Shoobx which manages startups’ employee-equity plans and tracks their investors’ holdings from early stages to their initial public offerings. Terms weren’t disclosed.
Fidelity...
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