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Raymond James Won't Hook Up

Stock quotes in this article: RJF , WB , AGE , PJC , JEF  

Raymond James (RJF Quote) CEO Tom James says his regional brokerage firm won't be the next to fall in an industrywide consolidation wave.

Rampant speculation has driven up the price of regional brokers in the wake of Wachovia's (WB Quote) plan to acquire A.G. Edwards (AGE Quote).

But in an emailed statement, James said he'd like to keep his firm independent. ...

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