BGC Partners wins the bidding war for GFI Group , BGC's shareholders are likely to be in for choppy ride regardless of whether GFI Group ends up working out well. BGC Partners ..... tender offer to $6.10 per share. If GFI Group executes an agreement today with BGC
While the CME Group- GFI Group management consortium or BGC Partners ..... able to extract value from acquiring GFI Group , we believe that whoever is the seller ..... adjusted return prospects. CME and the GFI Group management consortium increased their
Partners’ topping a CME Group offer for GFI Group that was announced earlier today leaves ..... instead of realism, may be reflected in GFI Group ’s acquisition price. BGC delivered ..... contingent tender offer agreement to GFI Group of $5.85 per share and updated its tender
We see CME Group's raised bid for GFI Group as reasonable, and we wouldn't view ..... walking away as negative. CME Group and GFI Group 's management team have increased their acquisition price for GFI Group to $5.60 per share from $5.25
estimate for the company. BGC Partners sent a letter to GFI Group saying that it will increase its tender offer price for GFI Group shares to $5.60 from $5.45, primarily contingent on GFI Group ’s board changing its acquisition recommendation
the deadline of its tender offer for GFI Group shares to Jan. 27, despite a Financial ..... the proposed CME Group acquisition of GFI Group for $5.25 that is composed of CME ..... Partners' and CME Group's offers give GFI Group shareholders a better risk-adjusted
NEW YORK, Jan 4 (Reuters) - More than 100 employees at the U.S. interdealer broker GFI Group have asked the company to alter their contracts to allow them to leave if a hostile takeover bid by a...
BGC Partners has increased its tender offer for GFI Group shares to $5.45 from $5.25. We believe the increased bid decreases ..... We are maintaining our no-moat ratings and fair value estimates for GFI Group and BGC Partners.
Partners extended its tender offer for GFI Group shares, but it appears less likely than before that GFI Group shareholders are up for the offer. The ..... cash offer. We continue to believe that GFI Group shareholders accepting either of these
In regards to GFI Group and CME Group’s revised acquisition offer ..... taking on more risk to get the deal done is GFI Group ’s management. CME Group has increased its offer price for GFI Group shares to a combination of $5.25 worth