Raymond James Denies Morgan Keegan M&A Rumors As The Two Firms Are Already Too Similar
- Created: Friday, 23 September 2011 00:35
Culturally, the firms would be a great match.
But, Helck says, that respect is unlikely to encourage him to "be seduced into overpaying."
He wants smaller acquisitions -- maybe individual Morgan Keegan advisors fleeing the firm.
Stifel might step up to buy Morgan Keegan instead. And there are always those shadowy private equity firms looking for a distressed asset with strong cash flow.
Morgan Keegan definitely fits that profile.
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