Regions Financial Reopens Talks with Stifel Financial

Regions Financial Corp. has re-opened talks with rival Stifel Financial Corp. to bolster the unit's auction, Reuters reported Thursday. Regions resumed talks with Stifel after bids from two potential private-equity groups came in lower than expected. Thomas H. Lee Partners and a consortium that includes Blackstone Group and Carlyle Group submitted bids in the $750 million range that included financing from Regions, Reuters wrote.

10 November 2011•2 mins read
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