Electronic trader Knight Capital Group may get a lifeline of $400 million in capital from a new group of investors, according to a report by CNBC’s David Faber. The new investors may buy convertible preferred securities, that is, bond-like equity with an option to change to a set number of common [...]
Comment on White Knight to Rescue Knight Capital, But Shareholders Not So Lucky
Susan Kalla, Forbes
Sun, 08/05/2012 - 8:07pm
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