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BGC Partners Inc's Newmark Grubb Knight Frank to acquire Cornish & Carey Commercial

Tuesday, 21 Jan 2014 11:00am EST 

BGC Partners Inc:Says its Newmark Grubb Knight Frank's agreement to acquire Cornish & Carey Commercial, Northern California's preeminent full-service commercial real estate company.Says financial details of the transaction were not disclosed.Says it expects the transaction will be immediately accretive upon closing.Says the transaction is expected to be completed by the middle of 2014.