Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

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BGC Partners (BGCP) announces a tender offer to acquire shares of GFI Group

BGC Partners, Inc. (NASDAQ: BGCP) today announced it has commenced a fully-financed tender offer to acquire all of the outstanding common shares of GFI Group Inc. (NYSE: GFIG) it does not currently own for $5.25 per share in cash. BGC currently owns 13.5% of GFI’s outstanding shares. Source: Filing

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