Canaccord Genuity Executives Make Take Private Bid
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The leaders at Canada's largest independent investment would prefer not to be disturbed in public.
On Monday, a cadre of c-suite players at Canaccord Genuity announced a take-private bid worth roughly $843 million, betting they'd have better luck with a growth-focused investment banking business away from the prying eyes of a volatile public market. In a tumultuous global economy, we'd call that a reasonable expectation of privacy.
Source Fool.com