I was on the phone today.
Me: They are being acquired by Jefferies. Former Boss: What? They're being acquired? For that little? Oh my god. It was 5x EBITDA in 2004! By they way, who even is Jefferies?
Have a good weekend.
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Lolwut...what's the current offer? 3.5X EBITDA?
TROLL.
Just to add to this. I had a talk with my boss after I finished my SA (he worked for BB in 90's and early 00's)
Me: What's your take on MM boutiques? Like top MM vs low BB? Some boutiques like Harris & Williams have a solid record. Him: Who is Harris & Williams?
I think old BB bankers still live in their own world (:
It's Harris Williams (well Harris Williams & Co.) not Harris & Williams. I understand it is a minor detail but Harris & Williams sounds weird.
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