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February 28, 2013
15:31 EDTJEF, LUKLeucadia, Jefferies announce shareholders approve merger
Leucadia National Corporation (LUK) and Jefferies Group (JEF) announced that the stockholders of Jefferies and the shareholders of Leucadia approved the merger between the two companies pursuant to which Jefferies’ stockholders will receive 0.81 of a share of Leucadia common stock for each share of Jefferies common stock they held and that the merger will be consummated effective March 1. In connection with the merger, Jefferies is also converting to a limited liability company, Jefferies Group LLC, which will be a subsidiary of Leucadia and will continue to be an SEC reporting company, regularly filing annual, quarterly, and periodic financial reports. Richard Handler, in addition to continuing in his role as CEO and Chairman of Jefferies, will become the CEO of Leucadia and one of its Directors. Brian Friedman, in addition to continuing in his role as Chairman of the Executive Committee of Jefferies, will become Leucadia’s President and one of its Directors. Joseph Steinberg, in addition to continuing to work full-time as an executive of Leucadia, will become Chairman of the Board of Leucadia. Ian Cumming will retire as Chairman of the Board and CEO of Leucadia but will continue in his role as a director of Leucadia.
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September 8, 2014
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