Jefferies Group (JEF) getting bought by Leucadia (LUK) in a deal worth $3.7B - CNBC
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
JMP Securities Downgrades Jefferies Group (JEF) to Market Perform
November 13, 2012 7:27 AM ESTJMP Securities downgraded Jefferies Group (NYSE: JEF) from Market Outperform to Market Perform following yesterday's buyout.
For an analyst ratings summary and ratings history on Jefferies Group click here. For more ratings news... More
Leucadia National (LUK) to Acquire Jefferies (JEF) in All-Stock Deal Valued at ~$3.7B
November 12, 2012 7:05 AM ESTLeucadia National Corporation (NYSE: LUK) and Jefferies Group, Inc. (NYSE: JEF) today announced that the Boards of Directors of both companies have approved a definitive merger agreement under which Jefferies shareholders (other than Leucadia, which currently owns approximately 28.6% of the Jefferies outstanding shares) will receive 0.81 of a share of Leucadia common stock for each share of Jefferies common stock they hold. This exchange is intended to be tax-free to Jefferies shareholders. The merger, which is expected to close during the first quarter of 2013, is subject to customary closing conditions,... More
