Reuters - Knight Capital Mulls Offers from Suitors

Electronic trading firm Knight Capital Group is considering two competing acquisition offers following a board meeting on Monday that included presentations from suitors Getco Holding LLC and Virtu Financial LLC, sources familiar with the talks said. Getco recently increased the amount of upfront cash to its cash and stock offer, valuing it near $1.8 billion, while Virtu's all-cash bid of $3.20 a share amounts to around $1.6 billion, according to the Wall Street Journal.

18 December 2012•3 mins read
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