MINNEAPOLIS
--(BUSINESS WIRE)--Mar. 1, 2012--
Piper Jaffray Companies
(NYSE: PJC) today stated in response to media
attention that, in the ordinary course of business, it routinely
evaluates corporate development ideas and opportunities. These include
possibilities in the
Asia
market, such as a joint venture, as the
company considers alternatives for improving the performance of its
small
Hong Kong
-based subsidiary. As it considers these
Asia
alternatives, however,
Piper Jaffray
intends to remain an independent
public company.
About
Piper Jaffray
Piper Jaffray
is a leading investment bank and asset management firm
serving clients in the U.S. and internationally. Proven advisory teams
combine deep product and sector expertise with ready access to global
capital. Founded in 1895, the firm is headquartered in
Minneapolis
and
has offices across
the United States
and in
Hong Kong
,
London
and
Zurich
.
www.piperjaffray.com
© 2012
Piper Jaffray Companies
, 800 Nicollet Mall, Suite 800,
Minneapolis, Minnesota
55402-7020
Source:
Piper Jaffray Companies
Piper Jaffray
Jennifer A. Olson-Goude, 612 303-6277
Investor
Relations and Corporate Communications
