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Getco, Knight Capital Agree To $1.4B Merger

By Jake Simpson ( December 19, 2012, 12:35 PM EST) -- New Jersey high-frequency trading company Knight Capital Group Inc., which lost $440 million in August because of a software glitch, has agreed to merge with rival Chicago trading house Getco LLC in a cash-and-stock deal valued at $1.4 billion, the companies said Wednesday....

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