KCG shares jump on news of buyout by securities trading firm Virtu Financial

  • Virtu Financial will acquire KCG Holdings for approximately $1.4 billion.
  • This represents a premium of 46 percent on the stock price, from when media reports first began circulating on this deal.
  • Shares of both companies were trading in green territory Thursday following this announcement.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.