Virtu also expected to bid for Knight Capital, CNBC's Faber reports Electronic trading firm Virtu is also expected to make an acquisition offer for Knight Capital, and it may be an all cash offer, CNBC's David Faber reports. Note GETCO submitted a proposal this morning to merge Knight, valuing the company at $3.50 per share.
News For KCG From The Last 14 Days
Check below for free stories on KCG the last two weeks.
KCG Holdings completes sale of Urban Financial for about $80M As a result of the transaction, roughly $6.1B of assets and corresponding liabilities related to Urban's securitization activities will be removed from KCG's balance sheet.