December 19, 2012
After Knight Capital's (NYSE: KCG ) recent trading meltdown in August when shares plummeted, two companies began to eye Knight for a buyout -- Getco and Virtu. Well, the bidding war has ended, and Getco will officially be merging with Knight Capital, which will give Getco a place on the New York Stock Exchange. Current Knight shareholders have an option either to receive $3.75 for each of their current shares, or to trade in their Knight shares for an equal number of shares of the new merged company. In this video, Motley Fool analyst Matt Koppenheffer tells us which option he would take, and who the real winners from this deal are.
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