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The Boston Globe


Leucadia in $3.6b deal for Jefferies

NEW YORK — Leucadia National Corp. said Monday that it would buy the Jefferies Group in a deal valued at about $3.6 billion.

Shareholders of Jefferies will receive 0.81 of a Leucadia share for each of their shares, the announcement said. That represents a 24 percent premium to the closing price of ­Jefferies ­on Friday.

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