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BGC Hikes GFI Offer To $777M, Blows Past CME Bid

By Linda Chiem ( January 20, 2015, 2:26 PM EST) -- Brokerage firm BGC Partners Inc. on Monday boosted its all-cash hostile bid for interdealer broker GFI Group Inc. to $777.75 million, shooting past rival CME Group Inc.'s $745.9 million offer, also made on Monday, as the bidding war for GFI continues to heat up....

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