Sitemap 32
Sitemap 33
Sitemap 34
Sitemap 35
Sitemap 36
Sitemap 37
Sitemap 38
Sitemap 39
Sitemap 40
Sitemap 41
Sitemap 42
Sitemap 43
Sitemap 44
Sitemap 45
Sitemap 46
Sitemap 47
Sitemap 48
Sitemap 49
Sitemap 50
Sitemap 51
Sitemap 52
Sitemap 53
Sitemap 54
Sitemap 55
Sitemap 56
Sitemap 57
Sitemap 58
Sitemap 59
Sitemap 60
Sitemap 61
Sitemap 62
Sitemap 63
Sitemap 64
Sitemap 65
Sitemap 66
Sitemap 67
Sitemap 68
Sitemap 69
Sitemap 70
Sitemap 71
Sitemap 72
Sitemap 73
Sitemap 74
Sitemap 75
Sitemap 76
Sitemap 77
Sitemap 78
Sitemap 79
Sitemap 80

Welcome to Stifel Morgan Keegan

I ran into a Morgan Keegan & Co. Inc. source tonight who said the rumored sale of the Memphis firm to St. Louis-based Stifel Financial Corp. is so serious that a name change is already being discussed – something like Stifel Morgan Keegan.

I’ve also been told that Stifel representatives were in town last week, and that Stifel was negotiating exclusively over Morgan Keegan for a period of time that expired Wednesday night.

If you’ve followed the national press, the most recent Bloomberg report put it like this: “Stifel remains days or weeks away from agreeing to an acquisition and may not reach a deal.”

A top official at a Memphis-based investment firm that’s a competitor of Morgan Keegan’s – and which has Morgan Keegan alums throughout its operation – told me today he’s expecting a deal as soon as Friday, Nov. 18. Others are looking for an announcement between now and Thanksgiving.

Comments

  1. smfargo1 says:

    Hope the deal goes down, but if institutional bond guys were smart (and they are), they would want an equity stake in the new firm – or better yet break away and start their own company. Steifel’s going to tear the company apart within 2 years, because all they really want is the retail brokerage.

Dansette

google