Leucadia To Purchase Additional Common Stock Of Jefferies, About 27.5% or $125M Shares (LUK, JEF)

Leucadia National Corporation LUK announced today that it has agreed to purchase $125 million of the common stock of Jefferies Group, Inc. JEF as part of a $500 million common stock offering announced by Jefferies on April 7, 2011. Immediately prior to this offering, Leucadia owned approximately 27.83% of Jefferies. After giving effect to the offering and Leucadia's purchase of shares, Leucadia will now own approximately 27.54% of Jefferies common stock.
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