The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Wednesday: ** Getco Holding Company LLC will purchase Knight Capital Group for about $2 billion after sweetening its offer for the equities market-making firm to beat out rival Virtu Financial LLC, people close to the deal said.** A fresh $556 million offer for Billabong International found little favor with investors as the stock dived 13 percent on concern the Australian surfwear firm's latest profit warning might lead the suitor to lower or even withdraw the bid.
Knight Capital Group, Inc. is a United States-based company that provides financial services. Shares of KCG remained unchanged at $3.33. In the past year, the shares have traded as low as $2.24 and as high as $13.59. On average, 3853200 shares of KCG exchange hands on a given day and today's volume is recorded at 422706.
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