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(Updates with details throughout) Oct 14 (Reuters) — Investment bank Piper Sandler and advisory firm Perella Weinberg Partners have abandoned talks for an all-stock merger, the Financial Times reported on Wednesday, citing people familiar with the matter. Shares of Perella Weinberg fell 16.3% to $13.48 after hitting a
Oct 14 (Reuters) — Perella Weinberg Partners and Piper Sandler have abandoned talks for a merger that would have combined two of Wall Street's biggest investment banks, the Financial Times reported on Wednesday, citing people familiar with the matter. (Reporting by Pragyan Kalita in Bengaluru; Editing by Diti Pujara) (
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The firms have abandoned merger discussions, according to the Financial Times.