Acquisition moves on London Capital Group

News on 13 Feb 2013

The 18 percent rise in London Capital Group Holdings plc share prices this week follows acquisition moves on the battling company by Cantor Fitzgerald Europe, GAIN Capital Holdings, Inc. and City Index Limited, according to stock exchange notifications.

The talks are preliminary and may not result in agreements, LCG has cautioned, noting that the potential acquirers have until 5pm London time on March 12 to make a firm offer under stock exchange rules or abandon negotiations.

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