Reuters – Cerberus in Talks for Knight Capital

Cerberus Capital Management LP is in talks to join Virtu Financial LLC's bid for U.S. brokerage Knight Capital Group Inc., the Wall Street Journal reported, citing people familiar with the discussions, Reuters wrote. Virtu and rival electronic trading firm Getco Holding Co. have made competing bids for the Jersey City, N.J.-based Knight, valuing the company at a minimum of $1.1 billion.

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