Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
Cantor Fitzgerald, Gain Capital (Forex.com), and City Index have made "preliminary approaches" to LCG.
Well, looks like we were right. After we reported this morning that the recent rise in London Capital Group's share price is likely attributable to M&A activity surrounding the company, London Capital Group itself confirmed in a press release just moments ago that it has indeed received "preliminary approaches" from several potential acquirers interested in buying the company.
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London Capital Group Confirms It Is The Target Of Acquisition Talks 0 comments
Cantor Fitzgerald, Gain Capital (Forex.com), and City Index have made "preliminary approaches" to LCG.
For more details see LeapRate's Forex Industry News at leaprate.com.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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