Knight Capital (KCG) Rips Higher on New $3.50/Share Bid by GETCO

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Knight Capital (KCG) Affirms $3.50/Share Bid from GETCO

November 28, 2012 9:33 AM EST

Knight Capital Group, Inc. (NYSE Euronext: KCG) today confirmed that it is in receipt of a proposal letter from Getco.

As a matter of policy, Knight does not comment on interactions with shareholders or shareholder activities including filings.... 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

Knight Capital Group (KCG) holder Getco offers to buy company for $3.50/share

November 28, 2012 8:19 AM EST

Knight Capital Group (NYSE: KCG) holder Getco offers to buy company for $3.50 per share.... More