By: Benzinga
J.P. Morgan Reiterates Neutral Rating on Knight Capital Group
In a report published Wednesday, J.P. Morgan & Co. reiterated its Neutral rating on Knight Capital Group (NYSE: KCG ). J.P. Morgan noted, “Knight has accepted Getco's proposal to buyout Knight for a cash and stock deal, with essentially a 2:1 ratio of cash to stock. The cash paid is
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