Article content
Canaccord Genuity Group Inc. is willing to “substantially” raise its takeover price for RF Capital Group Inc. but can’t get its rival to discuss a deal, Chief Executive Officer Dan Daviau said.
A merger would unite two of Canada’s largest independent firms in wealth management. Canaccord said last month it offered $2.30 a share for RF and was rejected by the board.
We apologize, but this video has failed to load.
Try refreshing your browser, or Canaccord willing to substantially raise offer, but RF Capital isn t talking Back to video
“We’re prepared to increase our price substantially, but we don’t know what price they’re looking for because they won’t talk to us,” Daviau said in an interview.
Billionaire Cable Families Show How Canada s Business World Runs
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Canaccord Genuity Group Inc Announces a Proposed Offer Made to and Rejected by The RF Capital Board to Acquire 100% of the Outstanding Shares of RF Capital Group Inc
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.