December 03, 2014 BY LeapRate Staff

Bidding war for interdealer broker GFI breaks out as CME Group matches BGC offer

Well a good old fashioned shootout is taking place for control of the GFI Group, an interdealer derivatives broker serving banks and other financial institutions from around the world. First, the CME Group made an offer to buy the 83% of GFI it didn't already own for $4.55 per share back in July. That bid…

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