The US broker is sticking to its gun in a show-down with CME Group
Inter-dealer broker BGC Partners has
extended the offer period on its bid to buy rival GFI a week
after CME Group matched the BGC bid.
BGC, which responded to CME’s
improved offer last week by saying its offer was still superior
on account of being an all-cash trade rather than cash and
shares, said on Wednesday it has extended its offer period,
which was set to run out on Tuesday
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