Free Site Registration

Cowen Group Announces Convergex Purchase

Traders Magazine Online News, April 3, 2017

John D'Antona Jr.

Convergex, which has been owned by private equity firm GTCR, Bank of New York and other shareholders, has been purchased by the Cowen Group for a total consideration, less certain closing adjustments, of $116 million in cash and Cowen common stock.

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?