Under the new deal, Knight and Getco will combine into a new publicly traded company. Knight shareholders other than Getco will have the right to pick either $3.75 per share in cash or one share of ...

GETCO Holding Company submitted a proposal for a business combination between GETCO and Knight Capital Group (KCG). The proposed merger values Knight’s common shares at a price of $3.50 per share. The ...

NEW YORK (AP) — Nearly five months after a major software malfunction at Knight Capital roiled financial markets, the trading firm has agreed to sell itself to a competitor, Getco, in a cash-and-stock ...

Getco Holding Co proposed a $1.4 billion deal that would see it merge into Knight Capital Group Inc , while Virtu Financial LLC offered to buy Knight for at least $1.1 billion, according to sources ...

Knight Capital decided "to pursue a takeover.” That's how one New York media organization portrayed the tie-up between Jersey City’s Knight Capital and Chicago-based Getco, both designated NYSE market ...

Getco made public on Wednesday a $539 million offer to take full control of Knight Capital Group (NYSE:KCG), but rival Virtu is poised to submit its own bid for the market maker. The cash-and-stock ...

GETCO, which began as a prop shop, intends to use Knight Capital Group’s wholesaling connections along with large retail order flow to become a trading superpower. That, it hopes, will make it a ...

(Reuters) - Knight Capital Group Inc , which nearly collapsed in August following a software glitch, is being bought by rival automated trading firm Getco Holding Co in a cash-and-stock transaction ...

As expected, current Getco CEO Daniel Coleman will lead the company, while Knight CEO Thomas Joyce is to serve as executive chairman of the board of directors. The bulk of the management hierarchy ...

CHICAGO — Getco LLC on Wednesday said it plans to expand its New York Stock Exchange floor-trading business as part of a long-range plan by the Chicago-based trading firm to build a client base of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Getco, the electronic trading and market-making firm, has cut almost 10 per cent of its work force. The ...