FOX Business Network’s (FBN) Charlie Gasparino reports “Investment bank Perella Weinberg Partners is in merger discussions with Tudor, Pickering, Holt & Co.” Gasparino went on to report, “a deal could be announced in the coming weeks.”
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On whether Investment bank Perella Weinberg Partners is in merger discussions:
“Investment bank Perella Weinberg Partners is in merger discussions with Tudor, Pickering, Holt & Co. in a deal that would reflect the dire conditions on Wall Street particularly among medium-sized banks, and the potential for new restructuring business arising from the shakeout in the U.S. energy industry, the FOX Business Network has learned. People with direct knowledge of the matter say if terms are reached between the New York-based Perella Weinberg and the Houston-based Tudor Pickering, a deal could be announced in the coming weeks.”
