Sterne Agee has offered to acquire all the shares of SWS Group for about $200 million. The Dallas-based company, which offers a range of investment and financial services, has also received an unsolicited conditional proposal from Sterne Agee. As a part of the deal, the independent registered representative network server will buy all the shares of SWS for $6.25 per share. Sandler O’Neill + Partners is serving as financial advisor to SWS Group, while Andrews Kurth is its legal advisor.
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