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UBS and robo-adviser Wealthfront agree to terminate their $1.4B merger deal; UBS says it will buy a $69.7M convertible note in Wealthfront at the same valuation (Denny Jacob/Wall Street Journal)

Photo of Grace Will Grace Will September 3, 2022
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Denny Jacob / Wall Street Journal:

UBS and robo-adviser Wealthfront agree to terminate their $1.4B merger deal; UBS says it will buy a $69.7M convertible note in Wealthfront at the same valuation  —  Deal announced in January was for all-cash transaction valued at $1.4 billion  —  UBS UBS .71%▲ Group AG …



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