Knight Capital CEO Wants $4/Share Bid
29 November 2012 - 6:20AM
Dow Jones News
Knight Capital Group Inc. (KCG) Chief Executive Thomas Joyce is
pushing for a bid worth $4 a share, Fox Business Network's Charlie
Gasparino reported Wednesday.
Mr. Gasparino reported that former New York Stock Exchange Chief
Executive Richard Grasso is advising Virtu Financial LLC in its bid
for Knight.
The parent company of Getco LLC has proposed a cash-and-stock
deal worth $3.50 a share, while Virtu's cash offer is worth about
$3 a share. Knight recently traded at $3.39, up 42 cents.
Website: www.foxbusiness.com
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