Dallas News – Activist hedge fund investor Lone Star Value Management is vigorously objecting to Dallas-based Hilltop Holdings’ $7.88-per-share buyout of the parent of Southwest Securities Inc. and Southwest Securities FSB of Dallas.
In a letter to SWS Group’s board of director, Connecticut-based Lone Star Value founder and CEO Jeffrey E. Eberwein is accusing the board of “failing to run a proper auction process.”
