American firm to take over Simmons and Co in $139million deal By Andrew Clark November 17 2015, 3:45 pm November 17 2015, 3:45 pm Share American firm to take over Simmons and Co in $139million deal Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/uk-and-abroad/754521/american-firm-take-simmons-co-139million-deal/ Copy Link CEO Colin Welsh at Simmons and Co. Picture by Jim Irvine Investment bank Piper Jaffray has agreed to acquire Simmons and Co in a deal worth $139million. The company said the move represented a “major step” in its drive towards $500million in annual investment banking revenue. Piper Jaffray will acquire 100% of Simmons in the $139million deal, which will consist of $91million in cash and $48million in restricted stock. For the full story, visit our sister website, Energy Voice.
