5/17/1983 - RV SouthField (RVSF) - ACQUISITION ANNOUNCEMENT
RV SouthField announced today that it has reached a preliminary agreement to acquire Rogers & Company, a Boston-based firm involved in the underwriting and dealing of corporate securities and municipal bonds. Executives for both companies are excited about the prospects for the combined company. Terms of the deal were not disclosed.
About RV SouthField (RVSF):
RV SouthField is one of the oldest and largest US retail brokerages. The firm offers securities and commodities brokerage, asset management, trust services, mutual funds, insurance, and investment banking to individuals through offices across the US. The company also serves government and institutional clients. Subsidiary RV SouthField Capital is a general partner to four private equity partnerships with investments in established and startup firms. Known for its conservative management, RV SouthField is a traditional commission brokerage but, like most of its retail brokerage rivals, offers fee-based services on certain types of accounts.