Is This the Right Deal for Knight Shareholders?

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.

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock in our brand-new free report: "The Motley Fool's Top Stock for 2013." Grab a free copy for a limited time. Just click here to access the report and find out the name of this under-the-radar company.


Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2162996, ~/Articles/ArticleHandler.aspx, 4/16/2014 12:54:36 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement