Cerberus Joining Virtu Financial in Bid for Knight Capital (KCG): Report

FOX Business Network Senior Correspondent Charlie Gasparino reports that Cerberus Capital Management has made a “verbal commitment” with Virtu Financial to join its bid for Knight Capital (KCG). Gasparino reports that “Cerberus has agreed to add at least $200 million dollars as part of the deal.” Excerpts from the report can be found below, courtesy [...]