Amplify ETFs Doubles Product Line with Agreement To Acquire ETF Managers Group’s Exchange-Traded Funds
LISLE, Ill. and SUMMIT, N.J., June 12, 2023 (GLOBE NEWSWIRE) -- Amplify ETFs and ETF Managers Group (ETFMG) announced today a definitive agreement under which Amplify ETFs will acquire ETFMG’s exchange-traded funds (ETFs) lineup.
- LISLE, Ill. and SUMMIT, N.J., June 12, 2023 (GLOBE NEWSWIRE) -- Amplify ETFs and ETF Managers Group (ETFMG) announced today a definitive agreement under which Amplify ETFs will acquire ETFMG’s exchange-traded funds (ETFs) lineup.
- "ETFMG has created an impressive roster of strategies and we are excited to acquire its ETFs as these strategies align well with our commitment to being at the forefront of ETF industry growth and innovation,” said Christian Magoon, CEO and Founder of Amplify ETFs.
- “We look forward to expanding the access and awareness of this compelling and differentiated product set.”
“We have long admired Amplify and its products,” said ETF Managers Group Founder and CEO Sam Masucci. - King & Spalding LLP is acting as legal counsel to ETF Managers Group.