|Last Price$9.49||Day Change (%)0.11%|
|Open Price$9.49||Day Change ($)0.01|
|Day Range9.49–9.49||52-Week Range9.25–10.33|
As of Mon 07/25/2016 | USD
The private equity investment firm Madison Dearborn will pay $1.3 billion for NFP's stock, representing a 26% premium for NFP's shareholders.
EUROPE MARKETS: European Stocks Pull Higher As Financials Find Relief
European stocks pull higher as financials find relief
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.
"The smart money is coming in," said industry consultant Tim Welsh, president of Larkspur, Calif.-based Nexus Strategy, "and now we'll see how smart the smart money is. Can they wring efficiencies out of this model?"
In other M&A news, Envestnet completed its acquisition of Prudential WMS, and Madison Dearborn Partners completed its NFP deal.
The monthly labor reports are important to understand but can be a little misleading when viewed from a single data point. by John Jagerson, Analyst for Learning Markets For traders that are unsure about the difference between ADP, NFP , BLS and a whole lot of other BS, this article should help. The NFP report tells us how many jobs were added or lost from the U.S
With the stocks of leading publicly traded consolidators like NFP and Boston Private down by more than 75% over the last year and bank lending for acquisitions slowing to a trickle, M&A activity in the RIA space has slowed significantly. However, sources say that among smaller and mid-sized firms, ...