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Provider: Pechala's Reports
Provider: Pechala's Reports

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Knight Capital Group Inc And GETCO Holding Company, LLC Complete Merger

Monday, 1 Jul 2013 01:30pm EDT 

KCG Holdings, Inc. announced the completion of the previously announced merger whereby Knight Capital Group Inc (Knight) and GETCO Holding Company, LLC (GETCO) have been combined as part of KCG Holdings, Inc., a new publicly traded holding company. The merger, which was announced on December 19, 2012, was approved by the respective stockholders and unitholders of both companies at special meetings held June 25, 2013. Knight's and GETCO's legacy operations and offerings will be combined with limited changes to current products and services expected in the near term. KCG will formally launch operations under its new corporate identity on July 2, 2013, with a new website and brand, as well as a combined NYSE Designated Market Maker unit. 

Company Quote

-0.09 -0.77%
1:53pm EDT