The company enjoyed another record quarter in terms of overall profits, on the back of solid performance of its financial services business.
Read moreGFI Group Inc. (NYSE:GFIG), the US-based provider of brokerage, trade execution and clearing services, has unveiled plans to delist and deregister its common stock, which is currently trading on the New York Stock Exchange. The company attributed its decision to the upcoming changes related to the deal with BGC Partners, Inc. (NASDAQ:BGCP) and the lack…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE:GFIG), a provider of trading technologies and support services to the global OTC and listed markets, today announced that they have reached an agreement on a tender offer of $6.10 per share. Under the terms of…
Read morePreliminary results from the GFI shareholder meeting held on Friday morning in New York indicate that GFI shareholders did not approve the proposed merger. As a result, the parties each determined that terminating the merger agreement and related transactions was in the best interest of their respective companies and shareholders at this time
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