|December 18, 2012|
|18:06 EDT||KCG||Knight Capital to pursue merger with Getco, WSJ reports|
The board of Knight Capital (KCG) will pursue a merger with Getco, with Getco planning to pay $3.75 per share for half of Knight's outstanding stock, according to a Wall Street Journal report that cites sources. Reference Link
News For KCG From The Last 14 Days
Check below for free stories on KCG the last two weeks.
|December 9, 2013|
|10:02 EDT||KCG||On The Fly: Analyst Upgrade Summary|
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|06:36 EDT||KCG||KCG Holdings upgraded to Overweight from Equal Weight at Evercore|
|December 6, 2013|
|14:58 EDT||KCG||Jefferies reports 13.5% passive stake in KCG Holdings |
|December 2, 2013|
|16:11 EDT||KCG||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.
|November 25, 2013|
|06:59 EDT||KCG||KCG Holdings upgraded to Outperform from Market Perform at Raymond James|
Raymond James upgraded KCG Holdings based on increased confidence in the Getco business, deal cost synergies, and expectations for buybacks following debt paydown. Price target is $13.