Rumor :Friedman Billings Ramsey Group Inc. (FBR) and Oppenheimer Holdings Inc. (OPY) to merger
The surge in volume is very telling...
Oppenheimer Investment Banking fit well with Friedman Billings Ramsey Investment Banking Group. Plus not to much overlap both in Investment Banking and Equity ResearchRumor : (OPY) Oppenheimer Holdings Inc. to Merge With (FBR) Friedman Billings Ramsey Group Inc.Friedman Billings Ramsey Group Inc. (FBR) and Oppenheimer Holdings Inc. (OPY) to merger Deal
Where did you hear this one? It would not be good. FRB is too small for OPY