CME ups the ante once again in GFI bid
CME Group has once again increased its two-tier, front end-loaded tender offer for GFI Group to $5.85 per share, matching BGC Partners’ contingent $5.85 per share all-cash offer announced on 15 January. This price escalation represents the newest development in a nearly eight month bidding war for the firm, and nearly a $0.40 per share escalation since 15 January.
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