Today an article was posted on SNL about rumors that Sandler O’Neill will announce a sale of the firm as early as next week. Carlyle has been invested for a long time and is looking to exit. Listed potential buyers are PNC, Moelis, Raymond James, and Piper Jaffray.
I’m very anxious to see how this plays out. Sandler has sat atop the league tables for middle market financial institutions for a long time. Do you guys think this will happen?
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