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Blackstone, Carlyle Eye Morgan Keegan
Blackstone and Carlyle Group are jointly seeking to acquire investment banking and brokerage firm Morgan Keegan & Co.
BlackstoneandCarlyle Groupare jointly seeking to acquire investment banking and brokerage firmMorgan Keegan & Co.,Financial Timesreports. Another private equity groupThomas H Lee Partnersis also competing to buy the firm which was put up for sale by区域金融集团。
The date for the final round of bidding has not been fixed as yet. Regions appointedGoldman SachsGroupto explore options for Memphis-based Morgan Keegan in June. Previously, strategic bidders, includingStifel Nicolaus & Co.andRaymond James Financial, were also interested in buying Morgan Keegan. However, they were not in the running any more.
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Click here for additional coverage fromReuters.