Invesco rose more than 7.67 percent to $26.80 in premarket t...
Invesco rose more than 7.67 percent to $26.80 in premarket trading on Friday.
On the news, according to people familiar with the matter, Invesco is in merger talks with State Street asset management.
It is unclear whether the merger talks will succeed, but it could be one of the industry's largest mergers in recent years, given that State Street's asset management unit manages nearly $4 trillion in assets, people familiar with the matter said.
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