| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for GFI Group Inc. > News item |
S&P: GFI on developing watch
Standard & Poor’s said it revised the CreditWatch implications on the B counterparty credit rating on GFI Group Inc. to developing from negative.
The agency also said it revised the CreditWatch implications on the B senior unsecured rating on GFI Group to developing from positive.
Both ratings were placed on CreditWatch in July 2014, S&P said.
The CreditWatch action follows news that GFI terminated its merger agreement with CME Group Inc. because its shareholders did not approve the proposed merger, the agency said.
GFI’s board of directors announced that the firm would explore strategic alternatives that offer the company’s shareholders maximum value for their investment, S&P said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.