Gain Capital (GCAP) Tops Q4 EPS by 1c, Revenues Beat
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Gain Capital (GCAP) to be Acquired by INTL FCStone Inc. (INTL) for $6.00/Share
February 27, 2020 7:04 AM ESTGAIN Capital Holdings, Inc. (NYSE: GCAP) ("GAIN" or the "Company") today announced it has entered into a definitive agreement to be acquired by INTL FCStone Inc. (NASDAQ: INTL) ("INTL FCStone"). Under the terms of the agreement, INTL FCStone will acquire the Company in an all-cash transaction. The Company's stockholders will receive $6.00 per share, representing approximately $236 million in equity value.
"GAIN's business fits naturally within INTL FCStone's diversified and scaled franchise, and our shareholders will benefit from this combination by receiving a substantial premium in an all-cash... More
