KBW, Inc. agrees to be acquired by Stifel Financial (SF) for $17.50/share ($10 cash and $7.50 in...

|About: KBW, Inc. (KBW)|By:, SA News Editor
KBW, Inc. agrees to be acquired by Stifel Financial (SF) for $17.50/share ($10 cash and $7.50 in SF stock). The total transaction value is more than $575M and about $250M in excess capital on KBW's balance sheet will be available to Stifel upon closing. KBW +17.5% premarket. (PR)