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Stock Market & Financial Investment News

News Breaks
November 19, 2012
06:50 EDTBGCPBGC Partners upgraded to Market Perform from Underperform at Raymond James
Raymond James upgraded BGC Partners based on valuation. Price target is $6.50.
News For BGCP From The Last 14 Days
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February 20, 2015
06:07 EDTBGCPBGC Partners, GFI Group reach agreement, GFI board supports BGC offer
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February 19, 2015
13:33 EDTBGCPBGC Partners says expects to reach consensual agreement with GFI Group
BGC Partners (BGCP) announced that it is engaged in discussions with GFI Group (GFIG) and expects to reach a consensual agreement related to its tender offer to purchase the shares of GFI for $6.10 per share. The proposed agreement would satisfy all of BGC's previously disclosed tender offer conditions. Howard Lutnick, Chairman and CEO of BGC, said, "We have been actively engaged in discussions with GFI and expect to reach an agreement on all of the tender offer conditions that we have been seeking over the last several months in order to complete our $6.10 per share all-cash offer. We continue to urge GFI stockholders to tender their shares by today's deadline to ensure that they receive the value to which they are entitled." The offer is scheduled to expire at 5:00 PM ET today, February 19.
February 18, 2015
06:04 EDTBGCPBGC Partners urges GFI Group holders to tender shares before expiration
BGC Partners (BGCP) urged GFI Group (GFIG) stockholders to tender into its $6.10 per share offer to purchase all outstanding shares of GFI before its expiration on February 19. The expiration date for the tender offer is 5:00 PM New York City time on February 19, unless extended.

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