Merriman Curhan Ford Group, Inc. should be considered as part of the portfolio. It has just settled a $46 million civil lawsuit. Now it is behind them.
The news is very reflective of the same in comparison to RODM.
•Merriman Curhan Ford Acted as Financial Advisor to KIT digital, Inc. in its Acquisition of the FeedRoom, Inc.
•Merriman Curhan Ford Acted as Financial Advisor to TorreyPines Therapeutics, Inc. in the Completed Merger With Raptor Pharmaceuticals Corp.
•Merriman Curhan Ford Acted as Co-Manager in VIVUS' $108.7 Million Public Offering of Common Stock
•Merriman Curhan Ford Acted as Co-Manager in Coinstar's $200 Million Public Offering of Senior Convertible Notes
This is the added feature to contemplate about:
Unterberg, Arno and other former officers of C.E. Unterberg, Towbin have personally acquired a minority stake in Merriman Curhan Ford by participating in the company’s $10.2 million oversubscribed private placement of convertible preferred stock offering, which was also announced today.
“C.E. Unterberg, Towbin was one of the most successful boutique investment banks of its time,” said Jon Merriman, co-founder and chief executive officer of Merriman Curhan Ford Group, Inc. “We are very excited to have such a seasoned group invest in us and join our team.”
Merriman Curhan Ford Group, Inc. (MERR)
disclaimer: reviewing for possible entry.
It has support at $1.35 and last close was $1.45
MERR at $1.45 vs RODM $5.31