BRIEF: U.S. approves Stifel acquistion of KBW 

BRIEF: U.S. approves Stifel acquistion of KBW

Nov 26, 2012 (Menafn - St. Louis Post-Dispatch - McClatchy-Tribune Information Services via COMTEX) --The Federal Trade Commission announced today that it will allow Stifel Financial to complete its proposed acquisition of KBW after the antitrust regulator finished a review of the deal.

Three weeks ago, St. Louis-based Stifel Financial Corp. announced it would buy investment bank KBW Inc. for 575 million, which is the largest acquisition in the investment bank's history.

The cash-and-stock deal is set to close in early 2013, pending approval from KBW shareholders.

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