|PR Newswire Association LLC|
Formed in 2010 following the sale of three
With approximately 6,660 registered representatives across
The closing of the transaction is subject to FINRA approval and other customary closing conditions. The transaction is expected to close later in 2014.
Investor Conference Call
RCAP will host an investor call to discuss the merger announcement today,
Participant Elite Entry Number: 5349271
Webcast Link: http://services.choruscall.com/links/rcap140106.html
Investor Conference Call Replay Detail
US Toll Free: 1-877-344-7529
Conference Number: 10039026
Available 1 hour after the end of the conference through January 31, 2014 at
RCAP is a publicly traded
About Lightyear Capital LLC
Information set forth herein (including information included or incorporated by reference herein) contains "forward-looking statements" (as defined in Section 21E of the Securities Exchange Act of 1934, as amended), which reflect RCAP's expectations regarding future events. The forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those contained in the forward-looking statements. Such forward-looking statements include, but are not limited to, whether and when the transactions contemplated by the agreement will be consummated, the combined company's plans, market and other expectations, objectives, intentions, as well as any expectations or projections with respect to the combined company.
The following additional factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: the occurrence of any event, change or other circumstances that could give rise to the termination of the agreement; the inability to obtain regulatory approvals for the proposed transaction, including, among other things, approval of certain changes in control of Cetera's FINRA-regulated broker-dealer business; risks related to disruption of management's attention from the ongoing business operations due to the proposed transaction; market volatility; unexpected costs or liabilities that may arise from the proposed transaction, whether or not consummated; the inability to retain key personnel; the deterioration of market conditions; the effect of the announcement of the proposed transaction on RCAP's or Cetera's relationships with their respective independent financial advisors, operating results and businesses generally; risks to consummation of the proposed transaction, including the risk that the transaction will not be consummated within the expected time period or at all; and future regulatory or legislative actions that could adversely affect the parties to the transaction. Additional factors that may affect future results are contained in RCAP's filings with the