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