Siebert Financial Corp (SIEB), Kennedy Cabot Enter Merger Agreement
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Siebert Financial Corp. and Kennedy Cabot Acquisition, LLC Announce Definitive Agreement
September 2, 2016 9:05 AM EDTNEW YORK & BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- Siebert Financial Corp. (NASDAQ: SIEB) and Kennedy Cabot Acquisition, LLC are pleased to announce they have entered into a definitive agreement under which Kennedy Cabot Acquisition will acquire approximately 90% of the outstanding common stock of Siebert Financial Corp. from the Estate of Muriel F. Siebert. Siebert Financial is the owner of Muriel Siebert & Co., Inc., the broker-dealer founded in 1967 by the late Muriel F. Mickie Siebert, the first woman to own a seat on the New York Stock Exchange and the first woman to head a... More
