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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:48 EDTBGCPBGC Partners acquires the business of Sterling International Brokers
BGC Brokers, an entity within the BGC Partners, announced it has acquired the business and certain assets of Sterling International Brokers Limited, a London-based broking firm specializing in Sterling and other major currency transactions.
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September 18, 2014
07:33 EDTBGCPUBS to hold a conference
FinTech Conference to be held in New York on September 18.
September 15, 2014
09:29 EDTBGCPGFI Group responds to unsoliciated acquisition proposal from BGC Partners
GFI Group (GFIG) has received an unsolicited proposal from BGC Partners (BGCP) to acquire all the shares of common stock of the company for $5.25 per share in cash. The board of the company, upon the recommendation of its special committee, has determined in good faith, after consultation with outside legal counsel and independent financial advisors, that the Proposal could reasonably be expected to lead to a "Superior Proposal" as defined in the existing merger agreement with CME Group (CME). That determination allows the company to provide information to and conduct discussions and negotiations with BGC subject to the execution of a confidentiality agreement, but does not allow the company to terminate its agreement with CME or enter into any other agreement with BGC. The company's board of directors has not changed its recommendation with respect to, and continues to support, the pending transaction with CME.
September 9, 2014
16:23 EDTBGCPOn The Fly: Closing Wrap
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05:39 EDTBGCPBGC intends to commence cash tender offer for GFI Group for $5.25 per share
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