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    1. RPT-UPDATE 1-Interdealer broker BGC Partners set to buy rival GFI Group

      Headlines

      Fri, 20 Feb 2015

      Feb 20 (Reuters) - GFI Group Inc's board supported a tender offer by larger rival interdealer broker, BGC Partners Inc, putting an end to a protracted takeover battle.

    2. UPDATE 1-Interdealer broker BGC Partners set to buy rival GFI Group

      Headlines

      Fri, 20 Feb 2015

      Feb 20 (Reuters) - GFI Group Inc's board supported a tender offer by larger rival interdealer broker, BGC Partners Inc, putting an end to a protracted takeover battle.

    3. BGC Partners set to buy GFI Group for $6.10/shr

      Headlines

      Fri, 20 Feb 2015

      Feb 20 (Reuters) - Interdealer broker BGC Partners Inc's move to buy rival GFI Group Inc for $6.10 per share received a boost after GFI's board agreed to support the tender offer.

    4. BGC’s Tender Offer for GFI Group Is Bound to Close

      Commentary

      Fri, 20 Feb 2015

      BGC Partners $6.10 tender offer for GFI Group shares should close on Feb. 26, 2015 ..... our fair value estimate for no-moat GFI Group to $6 from $5.50, and maintaining ..... new tender support agreement between GFI Group ’s board and BGC Partners, the increase

    5. Dichotomy of BGC’s Segment Results Shows Higher Risk of GFI Group Acquisition

      Commentary

      Wed, 11 Feb 2015

      risk, high-return nature of the GFI Group deal compared with its real estate brokerage ..... the revenue uncertainty with acquiring GFI Group . When an industry is going through tough ..... BGC Partners is paying a full price for GFI Group and not paying a trough-type valuation

    6. CME Has Substantial Underlying Trends Supporting Volatility-Driven Quarterly Earnings

      Commentary

      Thu, 5 Feb 2015

      any material valuation implication to whether CME Group ultimately acquires Trayport and FENICS. Though its agreement with GFI Group has largely been terminated, there’s still the distinct possibility that it could buy the businesses from BGC Partners if

    7. BGC Partners Is Close to Concluding Its Tender Offer for GFI Group Shares

      Commentary

      Thu, 5 Feb 2015

      reaching the 45% tender offer threshold for GFI Group by its extended deadline of Feb. 19 ..... value estimates for BGC Partners and GFI Group . BGC Partners was just a little shy ..... 10 tender offer closing would be if GFI Group pulls a more compelling strategic alternative

    8. Fitch Downgrades GFI to 'B'; Rating Watch Evolving on CME Merger Termination

      Headlines

      Tue, 3 Feb 2015

      The following statement was released by the rating agency) NEW YORK, February 03 (Fitch) Fitch Ratings has downgraded GFI Group Inc.'s (GFI) long-term Issuer Default Rating (IDR) and senior unsecured debt rating to 'B' from 'BB-' and revised

    9. UPDATE 1- GFI Group shareholders reject proposed CME Group takeover

      Headlines

      Fri, 30 Jan 2015

      CHICAGO, Jan 30 (Reuters) - GFI Group Inc shareholders on Friday voted down a proposed takeover by CME Group Inc, the companies said, opening the door for a hostile bid from rival BGC Partners.

    10. GFI Group shareholders reject proposed CME Group takeover

      Headlines

      Fri, 30 Jan 2015

      CHICAGO, Jan 30 (Reuters) - GFI Group Inc shareholders on Friday rejected a proposed takeover by CME Group Inc, forcing the companies to terminate a merger agreement, according to the companies.

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