|Last Price$9.73||Day Change (%)-0.71%|
|Open Price$9.73||Day Change ($)-0.07|
|Day Range9.73–9.73||52-Week Range9.73–10.57|
As of Sat 02/05/2016 | USD
NFP Advisor Services Hires Mark Schoenbeck, CFP® as SVP of Business Consulting
Wall Street gets the jitters ahead of key jobs data
MARKET SNAPSHOT: Wall Street Tries To Bounce Back As Oil Turns Higher
The private equity investment firm Madison Dearborn will pay $1.3 billion for NFP's stock, representing a 26% premium for NFP's shareholders.
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.
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.
CURRENCIES: Dollar Posts Its Biggest Weekly Loss Vs. Yen Since August 2013
UPDATE: Dollar posts its biggest weekly loss vs. yen since August 2013
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?"