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re: Whitney Sold to Hancock
Posted on 12/22/10 at 8:16 am to LSURussian
Posted on 12/22/10 at 8:16 am to LSURussian
no, I am saying I had no idea and I am sad 
But I didnt see it reported on any of the typical news outlets (nola.com and the like) so I was wondering where one could go to find out this kind of juicy merger information before the main media outlets get to it
But I didnt see it reported on any of the typical news outlets (nola.com and the like) so I was wondering where one could go to find out this kind of juicy merger information before the main media outlets get to it
1
Posted on 12/22/10 at 8:21 am to Shankopotomus
quote:Well, if you share JT's values, you could always go after insider information and trade on it without a problem.
so I was wondering where one could go to find out this kind of juicy merger information before the main media outlets get to it
When I was involved with some bank mergers back when I was a "real" banker, we had to sign confidentiality agreements at the start of negotiations so that we could be held legally accountable for any "insider" leaks.
A leak which might move the market price of either bank could be a reason the regulators might deny their approval for a merger. It could get the whole deal killed.
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