Fisher Investments denies media report on sale talks with Advent

Fisher Investments on Tuesday said it was not in sale talks, after a media report said the money management firm was in talks to be acquired by private equity firm Advent International. The Wall Street Journal first reported earlier on Tuesday that Advent International was considering a deal for Fisher, citing people familiar with the matter. "Fisher Investments is not being bought by Advent International, or anyone else—plain and simple," Fisher Investments said in a statement.