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Simpson Thacher Represents JPMorgan as Financial Advisor to Virtu Financial in Its Announced Acquisition of KCG

04.20.17

The Firm is representing J.P. Morgan Securities LLC as lead financial advisor to Virtu Financial, Inc. (NASDAQ: VIRT) in connection with its definitive agreement to acquire KCG Holdings, Inc. (NYSE: KCG), in a cash transaction valued at approximately $1.4 billion. The transaction is subject to customary closing conditions, including the approval of the stockholders of KCG and receipt of required regulatory clearances and approvals.

Virtu is a leading technology-enabled market maker and liquidity provider to the global financial markets.

The Simpson Thacher team includes Rob Spatt and Stephen Wiseman (M&A).