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Perella Weinberg Down 17% as Firms Abandon Merger Talks

The firms had considered an all-stock combination but did not agree on financial terms. Piper Sandler shares rose 4.1%.

Two glass office towers stand apart in the evening light / TokenPost.ai
Two glass office towers stand apart in the evening light / TokenPost.ai

Perella Weinberg fell 17% after the firms abandoned merger discussions. The firms had considered an all-stock combination but could not agree on financial terms.

Piper Sandler shares rose 4.1%.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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