Mon, Mar. 9, 4:22 PM
Sep. 24, 2013, 3:30 PM
- Gain Capital (GAIN -0.4%) closes on the acquisition of Global Futures and Forex LTD for $40M in cash, about $3.6M in Gain stock, and $33M in seller financing. Gain expects $35M-$45M in operating synergies in the first full year following the closing and a boost to 2013 Q4 earnings.
- Kudos to SA Pro's Intangible Valuation who spotted the opportunity in Gain in June at less than half of today's price, and reiterated his call in August.
- Press release.
Oct. 2, 2012, 9:10 AM
GAIN vs. ETF Alternatives
Gladstone Investment Corpoperates as an externally managed, closed-end, non-diversified management investment company. It investsin debt and equity securities of established private businesses operating in the United States.
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