Raymond James To Acquire Morgan Keegan From Regions Financial

by Monica Gerson, Benzinga Staff Writer
January 12, 2012 5:24 AM | 18 seconds read | Make a Comment
Loading...
Loading...
Regions Financial Corp
RF
announced its plans to sell Morgan Keegan & Co and Southeast investment bank to Raymond James Financial Inc
RJF
for $930 million in stock. Regions Financial shares gained 2.13% to close at $4.80 yesterday, while Raymond James Financial shares fell 0.03% to close at $34.18 yesterday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted In: NewsM&Amerger and acquisition
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!