Leucadia (LUK) announces the purchase of the rest of Jefferies (JEF), offering 0.81 of a share...

|About: Leucadia National Corpor... (LUK)|By:, SA News Editor

Leucadia (LUK) announces the purchase of the rest of Jefferies (JEF), offering 0.81 of a share of Leucadia for each share of Jefferies. Jefferies CEO Dick Handler will become CEO of Leucadia. Leucadia already owns 28.6% of Jefferies. LUK shares +2.4% premarket. JEF shares +22% premarket. (PR)