Oct. 30, 2015, 7:41 AM
- Alongside its Q3 results announced today, WisdomTree (NASDAQ:WETF) agrees to purchase GreenHaven Commodity Funds, the owner of two commodity-related ETFs (GCC and TONS).
- Consideration is $11.75M in cash. GCC has $247M in AUM and TONS $1M.
- The financial impact of the deal won't be material to WisdomTree's EPS.
- Previously: WisdomTree U.S. ETFs see net outflows in Q3 (Oct. 30)