Posted AT 5:24 PM EST on 10/11/09
CI Financial in talks to sell rest of Blackmont Capital Markets
CI Financial Corp. has sold the retail brokerage side of its Blackmont Capital Markets division, but is taking time to give up the capital markets side. "We would like to give the employees the opportunity to form some type of partnership where they have most of the ownership in the business," CI Financial's chief executive officer Bill Holland told analysts Tuesday during a conference call. "We are in discussions with them right now to do so.
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