Cetera Closes on Acquisition of Avantax | Wealth Management
The deal takes Avantax private, and the tax-focused firm will operate as a separate division within Cetera.
Source: wealthmanagement.com
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The deal takes Avantax private, and the tax-focused firm will operate as a separate division within Cetera.
Avantax shareholders voted in favor of the previously-announced deal to sell the company to Cetera, according to SEC filings.
The news comes as Avantax faces three lawsuits and demand letters from purported stockholders of the company.
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