|
|
Article: What now, Tom? (Raymond James Financial CEO Thomas A. James)(Cover Story)
- Article from:
- Florida Trend
- Article date:
- November 1, 1997
- Author:
CopyrightCOPYRIGHT 1997 Trend Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Would Tom James ever sell the company his father founded? He says it's not just a dollars and cents question.
Florida just lost Barnett banks to an out-of-state merger partner, and the betting on Wall Street is that St. Petersburg's Raymond James Financial will be next to fall. So entranced is Wall Street by the prospect of Raymond James in play that when Chairman and CEO Thomas A. James spent a few days in New York City recently, speculators bid the stock up a lofty 20%.
For its part, Raymond James confirms that it has received unsolicited offers - it won't say from whom - as takeovers and rumors of takeovers sweep the financial services industry. Last April, ...