MERGERS AND ACQUISITIONS
Piper Jaffray Companies, Minneapolis, has agreed to sell Fiduciary Asset Management (FAMCO), a division within its asset management business. Wiley Angell, FAMCO chief executive, will acquire the business in a transaction valued at $4 million. In 2012, Piper Jaffray moved the ownership of its FAMCO MLP product from FAMCO to its primary asset management subsidiary, Advisory Research. The remaining FAMCO business was no longer a strategic fit with the overall asset management business, Piper Jaffray said.
DEBT AND EQUITIES
Stream Global Services Inc., Eagan, has priced $30 million of 11.25 percent senior secured notes due 2014 at 102 percent plus accrued interest from Oct. 1, 2012.
![Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.](https://arc.stimg.co/startribunemedia/NH2BSHB74ND2V6GF2G2HI5X4MM.jpg?&w=252&ar=3:2&fit=crop)
