News: Stifel Nicolaus buys Thomas Weisel Partners for $300mm in stock
IB
(Senior Baboon, 203
Points)
on 4/26/10 at 9:29am
Stifel Financial will buy Thomas Weisel Partners Group in a deal valued at $300 million in stock, the companies said on Monday.
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"Whenever I'm about to do something, I think, 'Would an idiot do that?' And if they would, I do NOT do that thing."
-Dwight Schrute, "The Office"-





Wow. Well, based on what I
Wow. Well, based on what I read on the board, TWP was hurting and had lost some of its key talent.
what do you all think this
what do you all think this means for all of the students who accepted FT analyst offers at TWP and Stifel?
I fall in one of those groups. No where near as bad as bofa-ml i guess, but I'm extremely paranoid right now
"what effect do you think
"what effect do you think this has on FT stifel analysts starting this summer?"
http://dealbook.blogs.nytimes
http://dealbook.blogs.nytimes.com/2010/04/26/stife...
They say there's virtually no overlap in investment banking, so perhaps it won't affect FT analyst offers much?
anyone wanna share thoughts?
anyone wanna share thoughts?
you should call HR and ask
you should call HR and ask them about this situation, i'm not sure about stifel's analysts but twp's incoming analyst class should be fine. stifel and twp cover different vertiacls with very little overlap, so the cuts from integration on the banking side will be very minimal, if any
damn thomas weisel's stock is
damn thomas weisel's stock is up 68%, you guys should have told me before lol
I have been hearing they lost
I have been hearing they lost bunch of their talent...but didn't know to what extent...wow
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"Whenever I'm about to do something, I think, 'Would an idiot do that?' And if they would, I do NOT do that thing."
-Dwight Schrute, "The Office"-