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Cowen completes acquisition of businesses from CRT Capital

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Cowen Group has completed its previously announced acquisition of CRT Capital Group’s credit products, credit research, special situations and emerging markets units. Financial terms of transaction have not been disclosed.

Cowen Group, is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative asset management, investment banking, research, sales and trading and prime brokerage services through its two business segments: Ramius and its affiliates make up the Company’s alternative investment segment, while Cowen and Company and its affiliates make up the Company’s broker-dealer segment.

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