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Cowen Group Inc To Acquire Dahlman Rose & Co. LLC


Friday, 1 Feb 2013 05:31pm EST 

Cowen Group Inc and Dahlman Rose & Company, LLC (Dahlman Rose) announced the signing of a definitive agreement under which Cowen will acquire Dahlman Rose, a privately-held investment bank specializing in the energy, metals and mining, transportation, chemicals and agriculture sectors. This acquisition is an all-stock transaction and financial terms of the deal were not disclosed. The definitive agreement was approved by the board of directors of both companies. The transaction, which is expected to close by the end of the first quarter of 2013. Willkie Farr & Gallagher LLP acted as legal advisor to Cowen on this transaction. Morgan Lewis & Bockius, LLP acted as legal advisor to Dahlman Rose for this transaction. Terms of the transaction were not disclosed. 

Company Quote

3.92
0.025 +0.64%
4:00pm EDT