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BRIEF OBJECTS
PIPER JAFFRAY ACQUIRES VIE SECURITIES
Piper Jaffray officials announced last week that they have signed a definitive agreement to acquire Vie Securities, a broker/dealer subsidiary of parent Vie Financial Group for a cash purchase price of $15 million. Vie Securities provides algorithm-based, electronic execution services, and Piper Jaffray officials are planning to add this capability to their suite of equity trading products—in particular, to meet the increased demand for automated execution
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