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akeygon

03/26/13 2:25 PM

#131221 RE: hispeedsoul #131220

Correct, fresh acquisition. At the first glance, it seems there is nobody from DR in the board of directors, and mining/exploration is not among Cowen´s prefered industrial sectors.
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supermegadope

03/26/13 2:29 PM

#131222 RE: hispeedsoul #131220

Funny, I wonder if they bothered to tell Keevil?
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supermegadope

03/26/13 2:34 PM

#131224 RE: hispeedsoul #131220

This deal will expand Cowen into new industries while allowing Dahlman Rose’s bankers to take advantage of its new owner’s ability to help companies issue debt, Solomon said.

“The challenge for some of the smaller firms like Dahlman is it’s a difficult business to scale on your own,” said Solomon, 46. The deal “enables both sales forces to really get the best of both worlds.”