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What happened, with direct paths to the underlying reporting
- Piper Sandler (PIPR) to acquire Aviditi Advisors to enhance investment banking capabilities. - Aviditi has advised on over $30 billion in transactions since its founding in 2020. - Acquisition to bring about 50 professionals to PIPR, enhancing expertise and presence. - Expected to expand PIPR's client base and drive new business opportunities. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: M&A
- Piper Sandler (PIPR) to acquire Aviditi Advisors to enhance investment banking capabilities.
- Aviditi has advised on over $30 billion in transactions since its founding in 2020.
- Acquisition to bring about 50 professionals to PIPR, enhancing expertise and presence.
- Expected to expand PIPR's client base and drive new business opportunities.
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