https://www.live-feeds.com/feed/perella-weinberg-and-piper-sandler-abandon-merger-talksContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/perella-weinberg-and-piper-sandler-abandon-merger-talkshttps://www.live-feeds.com/feed/perella-weinberg-and-piper-sandler-abandon-merger-talks#u130819Sun, 18 Oct 2026 06:17:20 +0000Perella Weinberg and Piper Sandler have abandoned negotiations to merge their investment banking operations. The collapsed deal would have created a combined entity valued at $6bn. Following the news, Perella Weinberg shares dropped 16%. Both firms have ceased discussions on the tie-up, according to reports from the Financial Times and Reuters.Why it mattersThe proposed merger aimed to scale the capabilities of both boutique firms in the competitive investment banking sector. A $6bn valuation suggests the deal would have significantly increased their combined market footprint.What is confirmed