SVB Financial Group Enters Definitive Purchase Agreement to Sell SVB Securities to Management Team Group - News
SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of its investment banking business, SVB Securities. A hearing to seek required court approval is...
Source: abladvisor.com