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FOREX.com Japan promises no changes to trading conditions as a result of GAIN’s acquisition
The Japanese business of Forex.com, the retail FX brand of Gain Capital Holdings Inc (NYSE:GCAP), has earlier today published a brief notice regarding GAIN’s acquisition by INTL FCStone. The deal was announced on February 27, 2020. INTL FCStone is set to acquire GAIN for $6.00 per share. This puts the total equity value at $236 million. GAIN has entered into an Agreement and Plan of Mergerwith INTL FCStone Inc., a Delaware corporation, and Golf Merger Sub I Inc., a Delaware corporation and wholly owned subsidiary of INTL, pursuant to which, among other things and subject to the satisfaction or waiver of specified ... (full story)
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