April 20, 2017 / 12:02 PM / 4 months ago

Virtu Financial to buy KCG Holdings for about $1.4 bln

April 20 (Reuters) - Virtu Financial Inc said it would buy rival trading firm KCG Holdings Inc for about $1.4 billion in cash.

Virtu Financial's offer of $20 per share represents a 12.7 percent premium to KCG's Wednesday close. (Reporting by Sruthi Shankar in Bengaluru; Editing by Maju Samuel)

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