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Feb. 23, 2015, 5:52 PM
- Of the above group, Ladenburg Thalmann (NYSEMKT:LTS) is of small enough size ($730M market cap) to easily be scooped up. Raymond James (NYSE:RJF), LPL Financial (NASDAQ:LPLA), and Waddell & Reed (NYSE:WDR) are all higher since the Stfiel purchase first leaked on Friday morning, suggesting investors for the moment aren't too concerned with Stifel's boosted firepower.
- Previously: Stifel Financial up 6.9% on Sterne Agee purchase (Feb. 23)
- Previously: Stifel Financial reportedly in talks to buy brokerage rival (Feb. 20)
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