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