TheLion.com - Forum

Date: 10/19/2011 18:25

Forum: Ladenburg Thalmann Financial Services - Msg #399

Thread #673311245 (Rec: 0)

Highlights, and information...

"The Securities America transaction is truly a transformational event for Ladenburg. In terms of growth, the transaction will triple our existing base of revenue from $220 million for the 12 months ended June 30, 2011 to approximately $675 million of revenue on a pro forma basis for the same period. But it is also transformational in terms of our position in the industry – making us one of the leaders in the independent brokerage space. Upon closing, our independent firms together will have about 2,700 advisors and $70 billion of client assets, making us one of the industry’s largest independent brokerage networks. "

http://finance.yahoo.com/news/Ladenburg-Thalmann-Sends-bw-4165267049.html?x=0&.v=1

In the coming months, the stock price should appreciate significantly, imo.

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