March 15, 2017 BY LeapRate Staff
Virtu offers to buy rival KCG for $1.3 billion in planned merger of rival market makers
KCG Holdings, Inc. (NYSE: KCG), a leading independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones, today confirmed that it has received an unsolicited proposal from Virtu Financial, Inc. (NASDAQ: VIRT) to acquire all the outstanding shares of KCG's common stock for $18.50-$20.00…
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