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Canaccord unveils $367-million offer for wealth manager RF Capital Group

Canaccord unveils $367-million offer for wealth manager RF Capital Group Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Investment dealer Canaccord Genuity Group Inc. is taking a $367-million takeover offer for RF Capital Group Inc. to the company’s public shareholders and employees, after being rebuffed by its rival’s board and largest shareholder, Winnipeg’s Richardson family. In a bid to unite two of the country’s largest independent wealth management platforms, Toronto-based Canaccord sent RF Capital’s board a letter last Tuesday offering $2.30 a share for the company, a price 31 per cent above where its shares were trading. The following day, RF Capital’s board turned down the bid, without offering reasons, according to a news release from Canaccord on Monday deta

RF Capital Comments on Rejection of Unsolicited Proposal from Competitor

Market movers: Stocks seeing action on Monday - and why

Market movers: Stocks seeing action on Monday - and why
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.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

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
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