Hints and tips:
...Heffron....
...In a side deal, CME will sell GFI’s brokerage and clearing business to a management consortium led by founder and chairman Michael Gooch, and chief executive Colin Heffron....
...In a side deal, CME plans to sell GFI’s brokerage and clearing business to a management consortium led by Mr Gooch and chief executive Colin Heffron for a total consideration of $369m....
...BGC, a 13 per cent shareholder in GFI, has been angered by a side deal with the CME that would offload GFI’s broking business to a management consortium, including chairman Michael Gooch and Colin Heffron...
...In a separate deal, CME will offload GFI’s brokerage and clearing businesses to GFI’s management, led by founder Mickey Gooch and Colin Heffron, chief executive, for $165m....
...Mr Gooch abstained from the vote while Colin Heffron, chief executive of GFI, was not present when the GFI board voted to open its books....
...In a separate deal, CME will also offload GFI’s brokerage and clearing businesses to GFI’s management, headed by founder Mickey Gooch and chief executive Colin Heffron....
...Heffron, chief executive....
...Colin Heffron, GFI chief executive, said the deal would “present numerous synergies and opportunities that we look forward to executing alongside our new colleagues”....
...GFI’s move is the first significant act under new chief executive Colin Heffron, who succeeded founder and longtime chief Michael Gooch in February, and marks the first time an interdealer broker has made...
...“The brokers that have not invested in the technology for electronic platforms will be the ones that end up being hurt,” says Colin Heffron, president and director of GFI....
International Edition