several years repeatedly expressed an interest in acquiring GFI Group Inc * Continues to seek negotiated merger with GFI would provide ..... to begin such negotiations * Reports 13.5 percent stake in GFI Group Inc as of September 3 - SEC filing * On September
(Adds SABMiller, Orange, BNP Paribas, AbbVie, America Movil, Microsoft, Club Mediterranee, JSW Steel, Alere, GFI Group , AngloGold Ashanti, Qatar National Bank and Telekom)
CHICAGO, Sept 10 (Reuters) - CME Group Inc is evaluating its next move in a bidding war for derivatives broker GFI Group Inc, the exchange operator's incoming chief financial officer said on...
25 per share tender offer for GFI Group GFIG shares. This offer is 15% above ..... tendered for it to own a majority of GFI Group when added to its existing 13 ..... ownership interest. With the change in GFI Group 's management, large influx of
* Represents 15 pct premium to July offer from CME Group (New throughout, adds expectations for revised CME bid, stock prices, detail on shareholder lawsuit, adds second byline and CHICAGO...
the proposed "acquisition" of GFI Group (NYSE: GFIG ) by CME Group (NASDAQ: CME ..... with a competing offer to buy all GFIG shares for $5.25 in cash. The new offer validates my claims that GFIG is worth far more than was originally
transaction between BGC Partners and GFI Group would likely be more of a boon to the ..... broker industry than a transaction between GFI Group and CME Group. This means that ICAP ..... rationalization between BGC Partners and GFI Group would take capacity out of the inter-dealer
Gainers: BNNY +37% . LUNA +34% . SCOK +24% . THLD +15% . CTIC +8% . GFIG +7% . ECYT +8% . BDBD +7% . MBLY +6% . BKS +6% . Losers: FCEL -11% . GIGA -11% . TITN -8% . FRAN -7% . PBY -6% . CNSI -5% . Post your comment!
5.25 proposed tender offer for GFI Group shares is about 40% above our stand-alone fair value estimate for GFI Group and 15% above CME Group’s offer, the ..... wouldn’t have been available to GFI Group as a stand-alone company. An unusual
By Wall Street Breakfast : Economy Iraq's parliament approved a new government headed by Haider al-Abadi as prime minister last night, increasing the prospects for a more unified front to combat the growing power of Islamic State. Abadi's new cabinet includes members from Iraq's Shi'ite majority ...