There are some increased risks for independent institutional brokers that are, in a sense, left behind and not picked up by a larger organization with larger capital.
More Quotes from Jake Newman:
The deal may be more or less credit neutral for most of the players and a slight credit positive for the industry.Jake Newman
The company disclosed one technical covenant breach that appears so small that it raised myriad questions among investors as to why the special dividend was canceled rather than just postponed.
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