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Knight Capital (KCG) says, pursuant to its $400M financing agreement, it will appoint three new...

Knight Capital (KCG) says, pursuant to its $400M financing agreement, it will appoint three new members to its board of directors within one month following the closing date. The selections will include an individual selected by Blackstone, one by General Atlantic, which is the controlling investor in GETCO, and an individual proposed by the Board and acceptable to Jefferies. Shares -1.3% AH.
Comments (4)
  • and then fire the CEO?
    6 Aug 2012, 06:45 PM Reply Like
  • Investments: 25 Years, initially purchased 10k shares of priceline at .75 lucky me.....Managed multimillion dollar account for Northern Trust Investment Branch. Wonderful, in Sedona Arizona now trade for the thrill of the game!!! RAA
    6 Aug 2012, 10:10 PM Reply Like
  • anyone knows timing of conversion to stock or any restrictions (time/how many shares)on the selling of the stock by the investors ??
    6 Aug 2012, 10:19 PM Reply Like
  • reported conversion in 10 days
    7 Aug 2012, 08:31 AM Reply Like
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