BGC wants shareholders to oppose GFI management over its bid
The board of GFI Group, an inter-dealer broker, has
underlined its support for the takeover bid by CME Group
despite its rival BGC Partners having offered a higher price
GFI and CME agreed in July the Chicago-exchange operator
would purchase all outstanding shares of GFI for $4.55 per
share, valuing the company at $580m.
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