Victory Capital withdraws proposal to acquire Janus Henderson Group

Victory Capital Holdings, Inc.

Withdrew proposal to acquire Janus Henderson after seeking a consensual, negotiated transaction.
Company disappointed with Special Committee process but maintains admiration for Janus Henderson.
Reaffirms acquisition strategy; will pursue transactions for size, scale, product expansion.
Notes eight acquisitions completed in 11 years; claims best-performing traditional public asset manager since 2018 IPO.
Total shareholder return over 525% since IPO.

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