Virtu/GETCO examining Knight Capital's (KCG) trading books
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Knight (KCG) Board Mulls Proposals from GETCO, Virtu; Plans Another Meeting
November 30, 2012 3:45 PM ESTKnight 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 Capital (KCG) Affirms $3.50/Share Bid from GETCO
November 28, 2012 9:33 AM ESTKnight 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 ESTGETCO 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
