|Last Price$10.36||Day Change (%)-0.38%|
|Open Price$10.36||Day Change ($)-0.04|
|Day Range10.36–10.36||52-Week Range9.76–10.57|
As of Fri 07/03/2015 | USD
Fitch Affirms Universal Health Services' IDR at 'BB+'; Outlook Stable
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.
Registration Opens for June 23 FASB Webcast for Private Companies & Not-for-Profit Organizations
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?"