Jefferies To Acquire Integrated Analytics Corp., Co-developer Of Quantex, In Cash Deal
THIS WEEK'S LEAD STORIES
Institutional broker Jefferies & Co. has agreed to buy Integrated Analytics Corp. in a cash deal that gives top Integrated Analytics executives a profit participation in Jefferies' Investment Technology Group (ITG). Jefferies previously held a 30 percent stake in Integrated Analytics.
While details of the deal were still being worked out at the end of last week, sources close to the agreement were confident that the buyout was about to be finalized. The deal, which involves several million
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