Dundee buys rival investment dealer Deacon
Article Abstract:
Dundee Securities Corp. will acquire Deacon Capital Corp., creating a company with offices in Toronto, Ontario; Montreal, Quebec; Vancouver, BC; and Calgary, Alberta. Under the deal, Deacon will be combined with Dundee's existing securities operation. The acquisition will give Dundee a small retail unit, with 19 stockbrokers. According to the company's CEO, Don Charter, the acquisition will give the company a strong presence in the private investors market and enhance its existing institutional operations.
Comment:
Will acquire Deacon Capital
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Deacon CEO resigns
Article Abstract:
Deacon Capital Corp., an investment-dealing firm, had Gwyer Moore, its chief executive, resigning from his position in the company. Moore's departure from Deacon Capital occurred prior to the firm's acquisition by Dundee Securities Corp., a rival firm in the investment-dealing industry. Deacon Capital will be purchased by Dundee Securities under a proposed agreement that is scheduled for a prior-to-the-end-of-1998 completion.
Comment:
Will acquire Deacon Capital under a proposed agreement that is scheduled for a prior-to-the-end-of-1998 completion
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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