http://www.fool.com/investing/general/2007/06/01/fool-on-the-street-time-to-cross-state-street.aspx

Ryan Fuhrmann, CFA
June 1, 2007

Boston-based State Street (NYSE: STT) is one of the largest providers of financial services to money management institutions. Exposure to such a large market has allowed it to post a sturdy, long-term track record of sales and earnings gains. However, the recently announced acquisition of Investors Financial Services (Nasdaq: IFIN) scared investors into thinking growth prospects may not be so robust, causing State Street to pay a hefty premium for control of a hometown archrival.

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