Tuesday, July 10, 2007

Lazard to buy specialist in mid-sized firms

(Reuters) - Goldsmith employs about 90 professionals in Minneapolis, where it is based, and in Chicago, Los Angeles, New York and Shanghai. New York-based Lazard's middle-market financial advisory business will be led by Michael McFadden and David Solomon, the co-chief executives of Goldsmith Agio Helms, and Jack Helms, its chairman.



Kenneth Jacobs, chief executive of Lazard North America, said the purchase would "allow Lazard to extend our reach to the vibrant middle market for our existing client base."


Read more at Reuters.com Mergers News

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