Kelley Drye Represents Lyden in Sale to NYSE Specialist Firm
April 8, 2002
Kelley Drye closed the sale of the LLC membership interests of Lyden, Dolan, Nick & Co., LLC to Van der Moolen Specialists & Co., LLC (VDM) for cash and membership interests in VDM, one of the four largest remaining NYSE specialist firms. The deal involved several complex corporate, regulatory and tax issues.