State Street makes $333M deal with firm run by Jay Hooley’s brother
Mar 27, 2017, 2:08pm EDT
Greg Ryan
Law and Money Reporter
Boston Business Journal
This is not new people jay and his brother have sweet inside deals going on a lot why isn't there outrage or investigations?
State Street and DST have been holding hands for a long time. This is nothing new
Think about this in this way---of all the possible companies or technology that Jay could buy and he ends up buying what his brother is selling? And same with his brother---did he really look as hard at possible for another willing buyer? Maybe yes--maybe no. And then the price involved. Seems somewhat unlikely that the two Hooley boys both got a great deal for their respective shareholder groups. Did they both recuse themselves from the negotiations? Again maybe yes maybe no. The whole thing seems a little odd to me! But that's just me. A low level no nothing hard working state street staffer!