Deals
Lutnick Says BGC in Talks With GFI Group for Consensual Takeover
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Howard Lutnick says he’s on the verge of succeeding in his six-month campaign to acquire interdealer broker GFI Group Inc.
Lutnick’s BGC Partners Inc. is in talks with GFI’s board for a consensual agreement related to its $6.10-per-share bid, BGC said in a statement. A tender offer for GFI shareholders is set to expire at 5 p.m. Thursday in New York.