As new reports emerge that Raymond James Financial could be in the lead to acquire Regions Financial’s Morgan Keegan brokerage, Morgan Keegan’s financial force is really wondering what is in it for them, recruiters say.
A deal with Raymond James for about $930 million in cash for Morgan Keegan could be disclosed as soon as this afternoon, Bloomberg reported today. That comes after Stifel Financial Corp. submitted an offer for Morgan Keegan for about $875 million in cash and stock on Jan. 8, the Bloomberg report also said.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access