Deals
Gooch Hustles for Other GFI Bids as Lutnick’s Takeover Looms
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Mickey Gooch isn’t ready to sell the interdealer brokerage he founded 28 years ago to his longtime rival, Howard Lutnick.
Lutnick is close to winning the support of 45 percent of shareholders, the amount he said his BGC Partners Inc. needs to complete a hostile offer for Gooch’s GFI Group Inc. Now Gooch is reaching out to competitors ICAP Plc and Tullett Prebon Plc in an attempt to find an alternative, according to people with direct knowledge of the matter.