BGC extends deadline for GFI bid

BGC Partners said on Wednesday that it has again extended its unsolicited offer for rival inter-dealer broker GFI Group until the date of a special meeting when the target’s shareholders will vote on the firm’s cash-and-stock deal with CME Group.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire