Cetera to take Avantax private in $1.2bn deal

Cetera to take Avantax private in $1.2bn deal

Avantax shareholders will be cashed out at $26 per share and the tax-focused broker/dealer will operate as separate unit within Cetera. Avantax, the $84bn, tax-focused wealth management firm formerly known as Blucora, will be taken private in an all-cash sale to...