KCG Holdings Inc. (NYSE: KCG) will be acquired by Virtu Financial Inc. (Nasdaq: VIRT) in an all cash transaction valued at approximately $1.4 billion. Shares of KCG soared $2.01 to close at $19.75 while Virtu Financial stock climbed $1.50 to close at $16.45.
Virtu Financial to buy KCG
April 20, 2017 at 17:05 PM EDT