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PAINE WEBBER AND UBS CHIEFS LISTEN AT MERGER PRESS CONFERENCE, 2000-07-12 (photo)

PAINE WEBBER AND UBS CHIEFS LISTEN AT MERGER PRESS CONFERENCE, 2000-07-12 (photo)
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IMAGE number
REU7754544
Image title
PAINE WEBBER AND UBS CHIEFS LISTEN AT MERGER PRESS CONFERENCE, 2000-07-12 (photo)
Auto-translated text View Original Source
Artist
Unknown
Medium
photograph
Date
2000 AD (C20th AD)
Shooting Date
2000-07-12
Image description

Paine Webber Chief Executive Officer Donald B. Marron (R) and UBS Chief Executive Officer Marcel Ospel listen to remarks at a press conference in New York where they discussed the $10.8 billion UBS acquisition of Paine Webber, July 12. The deal, which values Paine Webber at a 47-percent premium over its July 11 closing stock price, will give Switzerland's No. 1 bank access to millions of wealthy U.S. investors. PM/SV

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REUTERS/Peter Morgan / Bridgeman Images
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