Llama sells its misfit subsidiary.

Summary


Llama Asset Management Co. sold by Llama Holding Co.

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Extract


Llama sells its misfit subsidiary.

After Two Years, Garner Finally Buys Asset Management Firm

After trying to buy Llama Asset Management Co. for the past two years, Rebecca Garner was elated when Alice Walton decided to sell the company in March.

"I'm thrilled," Garner says. "She [Walton] is doing me a great service ... We were the one that was totally different. Our assets are annuity type. The others are transaction-oriented. We didn't fit, and we never did....

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