Search for Editor's Briefing: What Makes Waddell & Reed Worth $100m In Incentives? on Bing

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.

 

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