Hill, Thompson's New Look As Freedom Securities Unit
Traders Magazine, September 1999
Jersey City wholesaler Hill, Thompson, Magid & Co. is being acquired by Boston-based Freedom Securities for approximately $45 million in cash and stock.
In an unrelated move, two of Hill, Thompson's most senior managers, Anthony Broy, and Nicholas Ponzio, assume new executive posts at the firm, which will operate as an autonomous affiliate of Freedom Securities. Broy, currently president, has been named chief executive. Ponzio will step into the post of president.
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