- As of November 19, just 23.2M shares of GFI Group (NYSE:GFIG +1.2%) were tendered, which along with 17.1M shares already owned by BGC Partners (BGCP -0.9%) makes up just shy of 32% of the company.
- BGC extends its tender offer for $5.25 per share in cash until the end of business on December 9.
- The GFI board continues to favor CME Group's $4.55 cash and stock offer.
- Source: Press release