If SF management listen to TWPG management in any sape, way or form on how to run an investment bank then in 2yrs SF will be BANKRUCPT and will end up on FINRA BLACK LIST. Over paying for a company that was going broke because of compensations paid to GREEDY MANAGEMENT see FINRA ACCUSATIONS AND RULINGS REGARDING THEIR OWN CLIENTS who were screwed according to FINRA and the $$$$$ FINES AGAINST TWPG. It is all public record, check FINRA web site.
TWPG gives Stifel a mid-small cap investment bank. Hopefully it will work out as well as the previous two mergers with Ryan Beck and Legg Mason's research department. I can assure you that Ron will never overleverage this company and always is extremely conservative in his deals that he does. I know you are a blathering short idiot, but trust me you don't really want to short this stock.