Knight Capital Confirms Deal with GETCO, Holders to Get $3.75/Share in Cash or One Share of Common Stock of New Company
December 19, 2012 at 07:35 AM EST
Knight Capital Group, Inc. (NYSE: KCG ) and GETCO Holding Company, LLC ("GETCO") today announced they have entered into an agreement for a strategic business combination whereby GETCO and Knight will be combined under a new publicly traded holding company. The combined firm will create a true industry leader as an independent market-maker and agency