Market Overview

Cowen Group to Acquire Dahlman Rose

Cowen Group, Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) and Dahlman
Rose & Company, LLC (“Dahlman Rose”) today announced the signing of a
definitive agreement under which Cowen will acquire Dahlman Rose, a
privately-held investment bank specializing in the energy, metals and
mining, transportation, chemicals and agriculture sectors. This
acquisition is an all-stock transaction and financial terms of the deal
were not disclosed. The definitive agreement was approved by the board
of directors of both companies.

Peter A. Cohen, Chairman and CEO of Cowen Group said, “Dahlman Rose's
expertise in energy, transportation, metals and mining, chemicals and
agriculture is a strong complement to Cowen core sectors of health care,
technology, media, telecommunications, consumer, aerospace and

See full press release

Posted-In: News Guidance Management M&A

 

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