The private equity investment firm Madison Dearborn will pay $1.3 billion for NFP's stock, representing a 26% premium for NFP's shareholders.
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A National Financial Partners Corp. shareholder sued to block the firm's $1.3 billion sale to Madison Dearborn Partners LLC's, a Chicago-based private equity firm.
Wealth management services provider National Financial Partners Corp. said Monday that it would sell itself to private equity firm Madison Dearborn Partners LLC for about $1.01 billion.
Joe Duran and United Capital Financial Partners turn the equation on its head.
Wiser Financial Group joins broker-dealer formerly known as NFP Advisor Services.