Editor’s Briefing: What makes Waddell & Reed worth $100M in incentives?

//Editor’s Briefing: What makes Waddell & Reed worth $100M in incentives?

Editor’s Briefing: What makes Waddell & Reed worth $100M in incentives?

Why in the world would Kansas City and the state of Missouri offer $106 million in incentives to Waddell & Reed Financial Inc. to move a few miles east into a new $140 million headquarters? It's the question of the week, particularly since it appeared a new Kansas City mayor and City Council was tightening the incentives purse strings. I won't argue whether Waddell & Reed (NYSE: WDR) should get the breaks. These "Editor's Briefings" are meant more as a deeper look or sometimes an explanation of…

Article by [author-name] (c) Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com - Read full story here.

By | 2019-12-08T13:30:00+00:00 December 8th, 2019|Economics|

About the Author: