High-speed trader Getco has a deal in principle to acquire Knight Capital Group (KCG), which is...

|About: KCG Holdings, Inc. (KCG)|By:, SA News Editor

High-speed trader Getco has a deal in principle to acquire Knight Capital Group (KCG), which is up 5.4% AH, Reuters reports. Updated 6:11 p.m.: Getco and P-E firm General Atlantic raised its offer to over $3.60 in cash and stock to beat Virtu Financial's all-cash offer; KCG now up 3.9% to $3.46 AH.