Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of KBW, Inc. (KBW)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of KBW, Inc. (“KBW” or the “Company”) (NYSE: KBW) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Stifel Financial Corp. (“Stifel”) (NYSE: SF) in a cash-and-stock deal valued at approximately $575 million. Under the terms of the proposed transaction, KBW shareholders will receive $17.50 per share, comprised of $10 per share in cash and $7.50 per share in Stifel common stock, while according to Yahoo! Finance, at least one financial analyst has set a price target of $22 for KBW.