Piper Jaffray reportedly close to buying Sandler O’Neill for $485 million

//Piper Jaffray reportedly close to buying Sandler O’Neill for $485 million

Piper Jaffray reportedly close to buying Sandler O’Neill for $485 million

Piper Jaffray Cos. is close to a deal to buy Sandler O’Neill + Partners for roughly $485 million, according to The Wall Street Journal. A deal announcement could come as early as Tuesday, the Journal reported, citing people familiar with the matter. New York City-based Sandler O’Neill specializes in advising community banks on mergers, debt issuance and equity offerings. Piper has been looking to break into the bank-advisory business for some time, as M&A activity continues nationwide, especially…

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By | 2019-07-08T22:02:51+00:00 July 8th, 2019|Economics|

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