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Faber Report: TIAA-CREF buying Nuveen

Monday, 14 Apr 2014 | 9:41 AM ET

CNBC's David Faber reports TIAA-CREF is to buy Nuveen Investments for $6.25 billion, including debt of over $4 billion. Faber also reports Endurance Specialty made a hostile offer to buy Aspen Insurance for $3.2 billion.