EJV's Talks With Liberty Proceed Slowly, Deal Remains Undone Despite Rumors

RESEARCH & ANALYTICS

Contrary to a recent wire service report citing rumors that an agreement had been reached, negotiations on bringing Liberty Brokerage Inc. on board as the seventh partner in EJV Partners L.P. are proceeding at a snail's pace, according to sources close to the talks. Word of the negotiations between the EJV and Liberty first emerged early in March (IMT, March 19). At that time, EJV president Bruce Peterson said he expected a deal to be concluded within two months. A month later, one highly pl