Stifel Financial (SF) to Acquire Stern Agee in $150M Deal
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Stifel Financial (SF) Misses Q4 EPS by 3c; Will Acquire Sterne Agee
February 23, 2015 4:06 PM ESTStifel Financial (NYSE: SF) reported Q4 EPS of $0.75, $0.03 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $578.08 million versus the consensus estimate of $581.61 million.
Stifel Financial also announced that it has entered into a definitive merger agreement to acquire Sterne Agee Group, Inc., one of the oldest and largest privately owned financial services firms in the nation.
Sterne Agee bolsters Stifel's Global Wealth Management segment with the addition of approximately 730 financial advisors and independent representatives nationwide managing over $20 billion in client assets, and complements Stifel's Fixed Income... More
Stifel Financial (SF) in Talks to Buy Sterne Agee - Bloomberg
February 20, 2015 9:14 AM ESTStifel Financial (NYSE: SF) is in talks to acquire Sterne Agee, according to Bloomberg sources. A deal could be announced in days, the reports said.
... More