SWS Group (SWS +25.1%) confirms that it received an unsolicited conditional proposal from Sterne...

|About: SWS Group, Inc. (SWS)|By:, SA News Editor

SWS Group (SWS +25.1%) confirms that it received an unsolicited conditional proposal from Sterne Agee to acquire the company for $203M, or $6.25/share. The transaction would double the firm and create one of the largest regional financial advisers in the U.S. (PR)