Notable Acquisitions of the Day (NASDAQ:EPHC)

Los Angelas, CA -- (SBWIRE) -- 12/07/2012 -- Epoch Holding Corp. (NASDAQ:EPHC) is a holding company engaged in the business of investment advisory and investment management services. The operations of the Company are conducted through its wholly owned subsidiary, Epoch Investment Partners, Inc. (EIP). EIP is a global asset management firm. As of June 30, 2012, the Company offered U.S. All Cap Value, U.S. Value, U.S. Smid (small/mid) Cap Value, U.S. Small Cap Value, U.S. Choice, International Small Cap, Global Choice and Global Absolute Return.

Epoch Holding Corp. (NASDAQ:EPHC) reported on Thursday that it made the decision to be bought by TD Bank Group for $28 per share in cash, or $668 million.

The bid prices the business parent of Epoch Investment Partners at a premium of 28% above its finishing price of $21.91 per share on Wed. TD Bank stated that the takeover would widen their offer for institutional and retail clients and would straightawayboost their US wealth unit.

In last trading period, Epoch Holding Corp (NASDAQ:EPHC) jumped +26.38% and shut at $27.69 with the total traded volume of 10.70 million shares. EPHC has market capitalization of $655.56 million.

EPHC has earnings per share of $1.19 with the net profit margin of 27.96%. Its price to income ratio ended at 23.27.

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