Billionaire Frost ups investment in Ladenburg Thalmann by $20M - South Florida Business Journal
: "Billionaire entrepreneur Dr. Phillip Frost increased his investment in Ladenburg Thalmann Financial Services by $20 million as part of the company’s $115 million stock offering. The Miami-based investment banking, asset management and brokerage firm (AMEX: LTS) closed its offering of 4.6 million shares of Series A preferred stock at $25 a share on May 24 . . ."
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