Richard Handler

Tilman Fertitta, the billionaire CEO of Landry's is teaming up with Richard Handler, the CEO of investment bank Jefferies Group (and its parent company Leucadia National) to launch a special purpose acquisition company. A special purpose acquisition company, or SPAC for short, holds no assets and...

Shares of investment bank Jefferies (NYSE: JEF) rallied strongly higher on Monday, up over 15 percent at one point, after Leucadia National (NYSE: LUK) purchased the company for about $2.76 billion. Shares of Leucadia initially opened higher, but traded lower shortly after the open -- traders may...