UPDATE 1-Ares Management to buy Kayne Anderson Capital for $2.55 bln
 

UPDATE 1-Ares Management to buy Kayne Anderson Capital for $2.55 bln
July 23 (Reuters) - Asset manager Ares Management L.P said it would buy Kayne Anderson Capital Advisors for $2.55 billion to expand its investing expertise, especially in the energy sector.


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