Market Overview

Raymond James To Acquire Morgan Keegan From Regions Financial


Regions Financial Corp (NYSE: RF) announced its plans to sell Morgan Keegan & Co and Southeast investment bank to Raymond James Financial Inc (NYSE: 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.

Posted-In: merger and acquisitionNews M&A


Related Articles (RF + RJF)

View Comments and Join the Discussion!

Partner Center