New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 2, 2013
09:27 EDTBGCPBGC Partners acquires Frederick Ross Company; Financial terms not disclosed
News For BGCP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 20, 2015
06:07 EDTBGCPBGC Partners, GFI Group reach agreement, GFI board supports BGC offer
Subscribe for More Information
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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use