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Kidder, Peabody Group Inc., 1986 Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:40.00 USD Estimated At:75.00 - 150.00 USD
Kidder, Peabody Group Inc., 1986 Specimen Stock Certificate
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Delaware, 1986. Odd Shares Specimen 6% Senior Preferred Stock Certificate, Black text with red border and pink background. Specimen POCs. XF condition, SCBN. Kidder, Peabody & Co. was an American securities firm, established in Massachusetts in 1865. The company's operations included investment banking, brokerage, and trading. The firm was sold to General Electric in 1986. Following heavy losses, it was subsequently sold to PaineWebber in 1994. After the acquisition by PaineWebber, the Kidder Peabody name was dropped, ending the firm's 130-year presence on Wall Street. Most of what was once Kidder, Peabody is now part of UBS AG, which acquired PaineWebber in November 2000.