FX Alliance Shares Jump In Pre-Market On Acquisition News
Shares of FX Alliance (NYSE: FX) jumped more than 39% in pre-market trading after Thomson Reuters (NYSE: TRI) announced its plans to acquire FX Alliance for around $625 million in cash.
The offer price of $22 per share represents a premium of around 40% over FX Alliance's closing price of $15.70 on Friday.
FX Alliance shares surged 39.24% to $21.86 in pre-market trading.
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