- According to JMP Securities analyst Devin Ryan, Greenhill & Co Inc (NYSE: GHL) has been downgraded from Market Outperform to Market Perform.
- The downgrade is a result of the announcement that GHL is being acquired by Mizuho Financial Group Inc (NYSE: MFG).
- Mizuho has agreed to acquire Greenhill for $15 per share in cash, which translates to an enterprise value of around $550 million.
For more information, please read the full article on Benzinga.com.
