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

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)
Comments (1)
  • quinet
    , contributor
    Comments (9) | Send Message
     
    well, looks like Ian and Joe have made another brilliant investment,and remedied the legacy issue.
    12 Nov 2012, 09:03 AM Reply Like
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