Investment company Leucadia National Corp said it will purchase Jefferies Group Inc, in a deal that values the investment bank at about $3.6 billion. Under the agreement, Jefferies' shareholders will receive 0.81 Leucadia share for each share held.
Jefferies Group, Inc. is a United States-based firm that operates as a securities and investment banking firm. Shares of JEF remained unchanged at $14.27. In the past year, the shares have traded as low as $9.50 and as high as $19.82. On average, 2213270 shares of JEF exchange hands on a given day and today's volume is recorded at 4800.
Leucadia National Corporation (Leucadia) is a holding company. Shares of LUK remained unchanged at $21.80. In the past year, the shares have traded as low as $19.58 and as high as $29.79. On average, 739253 shares of LUK exchange hands on a given day and today's volume is recorded at 100.
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