Leucadia (LUK) Ups Jefferies (JEF) Stake

Leucadia (LUK) is buying more share in global investment bank Jefferies Group (JEF). Between 5/1 and 5/5 in three transactions, Leucadia added an additional 2,153,092 shares at between $19.58 & $19.99 a share

They now own 42,352,196 shares or 31.9% of the outstanding total.

Jefferies Group, Inc., along with its subsidiaries, operates as a full-service global investment bank and institutional securities firm serving companies and their investors. The Company offers these companies capital markets, merger and acquisition (M&A), restructuring and other financial advisory services. Jefferies Group, Inc. provides investors with fundamental research and trade execution in equity, equity-linked, high yield and investment-grade, fixed-income securities, as well as commodities and derivatives. Jefferies Group, Inc. also provides asset management services and products to institutions and other investors. The Company operates in two business segments: Capital Markets and Asset Management. The Capital Markets segment includes Jefferies Group, Inc.’s securities trading and investment banking activities. The Asset Management segment primarily includes operating activities related to the Company’s asset management businesses

Disclosure (“none” means no position):None