The Anatomy of a Merger of Equals

March 8th, 2013

Deals labeled merger of equals (MOE) have a controversial history. In this video, Frank Cicero of Jefferies & Company, Inc., describes how boards and management teams should evaluate, structure and execute a MOE transaction that benefits the shareholders on both sides.


Frank S. Cicero is global head of the Financial Institutions Group at Jefferies & Company. Cicero specializes in M&A and capital markets transactions for depository institutions. Previously, Cicero was the head of investment banking coverage for banks at Lehman Brothers and Barclays Capital.