CNN
After a major technical glitch earlier this year, Knight Capital Group has agreed to merge with rival trading firm Getco in a deal valued at $1.4 billion. Knight Capital ( KCG ) acts as a middleman in the markets, completing investors' orders to buy...
The New York Times
Knight Capital , the stock market-making firm that nearly collapsed last summer after a $440 million trading glitch, has reached an agreement to merge with Getco, the Chicago-based high-speed trading firm. The $1.4 billion deal, which was announced...
The Idaho Statesman
Nearly five months after a major software malfunction at Knight Capital roiled financial markets, the trading firm has agreed to sell itself to a competitor, Getco, in a cash-and-stock deal that the companies value at $1.4 billion. Knight...
Arizona Republic
Getco is buying rival trading firm Knight Capital in a cash-and-stock deal that could be worth more than $1 billion. The deal comes just four months after a major software malfunction at Knight roiled markets and threatened the company's survival.