By Paritosh Bansal and Carolina Mandl
NEW YORK CITY (Reuters) – BlackRock Inc stays in early-stage talks with hedge fund Millennium Management regarding a essential tie-up that may entail getting a minority threat within the bush fund, 2 sources acquainted with the difficulty claimed.
The sources claimed it was unclear whether or not the talks would definitely trigger a discount, with amongst them stating the tactical reasoning of a purchase order was unclear.
The Financial Times reported beforehand on the provide talks.
(Reporting by Carolina Mandl, in New York; Editing by Sandra Maler)
