knight

US Online Brokerage Targeted by Buyout Funds

by

December 7, 2012

This week’s deal of the week is the bid to acquire Knight Capital Group. The USD 1.1 billion buyout has attracted at least two buyers, both are private equity-backed, namely Getco, which is backed by General Atlantic Partners, and Virtu, a rival trading company backed by Silver Lake Partners and now Cerberus Capital Management , according to press reports.

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