Evercore Partners Downgrades National Financial Partners (NFP) to Equal Weight

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National Financial Partners (NFP) Acquired by Madison Dearborn for $25.35/Share

April 15, 2013 8:04 AM EDT

National Financial Partners Corp. (NYSE: NFP) as entered into a definitive agreement with Madison Dearborn Partners, LLC, a private equity investment firm, under which a controlled affiliate of Madison Dearborn will acquire NFP.

Under the terms of the agreement, NFP shareholders will receive $25.35 in cash for each share of NFP common stock they own, in a transaction with an equity value of... More