Trading firm Virtu Financial to buy KCG for about $1.4 billion

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Go back to Trading firm Virtu Financial to buy KCG for about $1.4 billion

Virtu Financial (VIRT) PT Raised to $19 at UBS Following $1.4B KCG Deal; 'Gains Access to Institutional Client Base'

April 21, 2017 9:51 AM EDT

UBS raised its price target on Virtu Financial (NASDAQ: VIRT) to $19.00 (from $17.00) while maintaining a Buy rating, as the company announced yesterday that KCG Holdings (NYSE: KCG) accepted its purchase offer at $20 per share, a month after... More