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Knight getting costly $400 million lifeline after trading debacle

NEW YORK (Reuters) - Knight Capital Group Inc looks set to enter into a $400 million financing deal with a group of investors, allowing the trading firm to open its doors Monday after a crippling $440 million loss, although it will come at a steep cost to shareholders, sources familiar with the situation said. ...

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Published By: Reuters (Business) - Monday, 6 August, 2012