Cerberus is reportedly in negotiations to join Virtu's attempt to acquire brokerage Knight...


Cerberus is reportedly in negotiations to join Virtu's attempt to acquire brokerage Knight Capital (KCG) in a deal valued at $1.5-1.6B including debt. Virtu is also in talks with Silver Lake, Credit Suisse (CS) and other banks about financing for the bid. Meanwhile, Jefferies Group (JEF) will provide $950M to help fund Getco's rival offer for Knight in a deal worth $1.4-1.8B including debt.

Comments (2)
  • gtc0214
    , contributor
    Comments (2) | Send Message
     
    Just do it already!!!
    4 Dec 2012, 06:16 AM Reply Like
  • mikeblack
    , contributor
    Comment (1) | Send Message
     
    whatever happens there is way too much talent at KNIGHT so the price should be around 7bux a share. thats a fact
    4 Dec 2012, 07:06 AM Reply Like
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