GFI Group announces accelerated Q4 dividend of 5c per share GFI Group announced that the company's Board of Directors has declared an accelerated fourth quarter dividend of 5c per common share. The accelerated dividend will be payable on December 27 to shareholders of record as of the close of business on December 17. This accelerated dividend is intended by the Board to be in lieu of the quarterly dividend the company would have otherwise announced when it issued its fourth quarter and full year earnings in the first quarter of 2013 and that would have been paid in 2013.
BGC Partners could make hostile $675M bid for GFI Group, WSJ reports In a move to thwart the sale of GFI Group (GFIG) To CME Group (CME), BGC Partners (BGCP) is planning to make a hostile bid to GFI for $675M, the Wall Street Journal reports. BGC's $5.25 per share tender offer to GFI shareholders, which is 15% higher than CME's offer, could come as early as this morning. Reference Link