Stifel to Acquire Eaton for Private-Equity, Hedge Fund Ties

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  • CEO continues takeover spree, following up on Barclays deal
  • Stifel rallies in New York trading after announcing agreement

Stifel Financial Corp., the investment bank known for snapping up regional rivals and Wall Street castoffs, agreed to buy Eaton Partners to add ties with hedge funds, private-equity firms and high-net-worth family offices.

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