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US investment firm CC Capital has underlined its intent with a $3.1 billion counter offer for wealth manager Insignia Financial, bidding clear of rival suitor Bain Capital. Insignia on Friday revealed ...

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Street Talk understands Mike Murphy’s buyout firm will match CC Capital’s $4.30 per share offer for Insignia as early as Monday as it steps up its campaign for due diligence access.

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Insignia told shareholders on Monday that New York-headquartered CC Capital Partners had lobbed a competing bid, trumping Bain Capital’s December 13 offer and sending the stock rallying 12 per ...