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BGC Announces Bid to Buy Remaining GFI Group Shares

Traders Magazine Online News, September 9, 2014

John D'Antona Jr.

BGC is looking to finish what it started - buying all of GFI Group's shares in order to complete its transaction of the firm.The all cash tender offer values outstanding GFI shares at $5.25 per share. The total value of the transaction is $675 million.

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