A view of Exchange House where F&C Asset Management have their offices in London, Tuesday, Jan. 28, 2014. Bank of Montreal has confirmed a $1.3 billion offer for the U.K. based F&C Asset Management ... more 
A view of Exchange House where F&C Asset Management have their offices in London, Tuesday, Jan. 28, 2014. Bank of Montreal has confirmed a $1.3 billion offer for the U.K. based F&C Asset Management PLC. The bank is offering 120 British pence for each share of F&C, which is about 28 per cent above the stock's closing price last Friday before news of the talks became public. The friendly deal is being supported by the U.K. company's board but will require shareholder and other approvals. The companies expect the deal to close after May 1. (AP Photo/Kirsty Wigglesworth) less 
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Associated Press | Photo By Kirsty Wigglesworth
Tue, Jan 28, 2014 9:45 AM EST