Entering text into the input field will update the search result below

BGC successfully completes tender for GFI Group

Feb. 27, 2015 8:07 AM ETBGC Group, Inc. (BGC) StockBy: Stephen Alpher, SA News Editor10 Comments
  • As of the end of business yesterday, about 54.6M shares had been tendered. Together with the 17.1M shares already owned by BGC Partners (NASDAQ:BGCP), it represents about 56.3% of all GFIG shares.
  • BGC expects to issue $6.10 per share payment on March 3.
  • GFI Group will from then be a controlled company and operate as a division of BGC, reporting to BGC President Shaun Lynn, The current GFI executive chairman and the current CEO will remain in their roles.
  • Source: Press Release

Recommended For You

About BGC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BGC--
BGC Group, Inc.