Fairchild Financial Advisors Inc

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iA Financial Group (Industrial Alliance Insurance and Financial Services Inc.) has acquired BMO Group Retirement Services Inc. (GRS), the former BMO Financial Group subsidiary offering recordkeeping and administrative services.

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This latest takeover bid comes on the heels of Fairchild agreeing last month to be purchased by ON Semiconductor Corp (NASDAQ:ON) for $20 per share in cash. Shares of ON were off 7% today on this latest news. FEYE stock traded near.

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