Ladenburg Thalmann completes acquisition of Punk, Ziegel

May 6th, 2008 | by admin |

NEW YORK—Ladenburg Thalmann Financial Services Inc. has completed its deal to buy Punk, Ziegel & Co. for an undisclosed amount, the investment bank said Monday.

Ladenburg Thalmann announced the deal in March. It has merged Punk, Ziegel into the company’s Ladenburg Thalmann & Co. subsidiary.

William J. Punk Jr., who founded Punk, Ziegel in 1990, has been named managing director of the subsidiary and chairman of the newly formed Punk Ziegel health care division.

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