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Report: Tokyo-based ORIX acquires investment manager in Boston

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Report: Tokyo-based ORIX acquires investment manager in Boston

Tokyo-basedORIX Corp. hasacquired Boston Financial Investment Management,Reuters reported, citing two anonymous sources.

Theinvestment manager, which specializes in tax credit investments for low-incomehousing suppliers, was bought for "several hundred million dollars,"according to the news agency's sources.