Lowball retention bonuses doomed Perella-Piper Sandler merger

T1Covered by 1 source · first reported by Semafor (filter tech) at 16 Oct, 11:55 UTC

Perella bankers balked at $2.5 million in equity to stay with the combined bank.

Sources

• T1Lowball retention bonuses doomed Perella-Piper Sandler mergerSemafor (filter tech)16 Oct, 11:55