Simpson Thacher Represents Edelman Financial in Sale to Sanders Morris Harris Group
05.11.05
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On May 10, 2005 Sanders Morris Harris Group (NasdaqNM: SMHG) announced that it has acquired a majority interest in The Edelman Financial Center and agreed to acquire the balance over the next four years.
The Edelman Financial Center is the largest and most prominent financial planning firm in the Washington, D.C. region. Sanders Morris is a diversified financial services company.
Simpson Thacher served as transaction counsel for The Edelman Financial Center. Lawyers from the firm include: Robert Goldbaum, Patrick Naughton, Matthew Raben, Jennifer Nadborny (Corporate); Brian Robbins (Exec. Comp.) and Audra Lazarus (Tax).