Knight Capital (KCG) Nears a Sale

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Knight Capital (KCG) Decision on Sale Expected This Week

December 18, 2012 9:50 AM EST

Knight Capital (NYSE: KCG) is on the upswing Tuesday amid news that it might be close to a merger agreement.

According to Bloomberg, Knight's board is meeting again to weigh recent proposals from Virtu and Getco, with a decision possibly to... More

Knight (KCG) Board Mulls Proposals from GETCO, Virtu; Plans Another Meeting

November 30, 2012 3:45 PM EST

Knight Capital (NYSE: KCG) is planning to hold a Board meeting on December 3rd to assess takeover offers recently received from Vitru and GETCO, Bloomberg reports today. It would be the second meeting this week.

The Board has already reviewed bids submitted on October 28th, but hasn't... More

Knight (KCG) Board Mulls Proposals from GETCO, Virtu; Plans Another Meeting

November 30, 2012 3:45 PM EST

Knight Capital (NYSE: KCG) is planning to hold a Board meeting on December 3rd to assess takeover offers recently received from Vitru and GETCO, Bloomberg reports today. It would be the second meeting this week.

The Board has already reviewed bids submitted on October 28th, but hasn't... More

GETCO Offers to Buy Rest of Knight Capital (KCG) for $3.50/Share

November 28, 2012 8:24 AM EST

GETCO Strategic Investments, LLC, a large holder of Knight Capital Group (NYSE: KCG) stock, sent the following letter to Knight's Board today:

November 28, 2012

Board of Directors of Knight Capital Group, Inc.

c/o Thomas M. Joyce

Chairman and Chief Executive Officer

Knight Capital Group, Inc.

545 Washington Boulevard

Jersey City, New Jersey 07310

Dear Members of the Board:

On behalf of GETCO Holding Company, LLC (GETCO), I am pleased to submit this proposal for a business combination (Merger) between GETCO and... More

Keefe, Bruyette & Woods Upgrades Knight Capital Group (KCG) to Market Perform

November 26, 2012 6:54 AM EST

Keefe, Bruyette & Woods upgraded Knight Capital Group (NYSE: KCG) from Underperform to Market Perform with a price target of $2.60 (from $2.25).

For an analyst ratings summary and ratings history on Knight Capital Group... More