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Envestnet falls after report that prospective bidders have moved on

May 23, 2022 1:57 PM ETEnvestnet, Inc. (ENV) StockBy: Joshua Fineman, SA News Editor

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  • Envestnet (NYSE:ENV) dropped 10% after a report that potential bidders for the fintech company have passed.
  • Private equity firms Advent International, Warburg Pincus and Hellman & Friedman were among bidders for the company and had initially offered $90 to more than $100/share for

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