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Last $7.55 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

gleacher & co inc (GLCH) Snapshot

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52 Week High
06/30/15 - $7.80
52 Week Low
09/10/14 - $5.63
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gleacher & co inc (GLCH) Details

Gleacher & Company, Inc. went out of business. The firm provides strategic and financial advisory services to corporate and institutional clients. It operates through Investment Banking, MBS & Rates, and Credit Products segments. It also invests and manages a fund that holds investments in privately held companies; and offers residential mortgage lending. Gleacher & Company, Inc. was founded in 1952 and is headquartered in Albany, New York.

10 Employees
Last Reported Date: 05/9/14
Founded in 1952

gleacher & co inc (GLCH) Top Compensated Officers

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gleacher & co inc (GLCH) Key Developments

Gleacher & Company Announces Second Liquidating Distribution Payable on or About April 10, 2015

Gleacher & Company Inc. announced that the board has determined to make a second liquidating distribution to company stockholders in the amount of $0.50 per share of the company's common stock (approximately $3.1 million in the aggregate). Stockholders of record as of March 30, 2015 will be entitled to receive the distribution. The company anticipates that the payment date for such distribution will be on or about April 10, 2015.

Gleacher & Company, Inc. Anticipates Making an Initial Liquidating Distribution

Gleacher & Company Inc. anticipates making an initial liquidating distribution of $4.05 per share of the company's common stock (approximately $25 million in the aggregate). The $5 million aggregate increase in the anticipated initial liquidating distribution, as compared to prior estimates, represents the distribution of a portion of the proceeds received by the company from the previously announced sale of a portfolio company in the company's FA Technology Ventures private equity investment.

Gleacher & Company Files Form 15

Gleacher & Company, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, $0.01 par value under the Securities Exchange Act of 1934, as amended.


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