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Virtu investors to push for deals if KCG bid fails

Moody's believes the US market-maker's shareholders will ask for alternatives if no deal is struck

Virtu investors to push for deals if KCG bid fails

Virtu could come under pressure from shareholders to come up with an alternative if its takeover approach to KCG Holdings falls through, according to a top ratings agency.

The market-maker, founded by Vincent Viola, a veteran of the US army and trade pits of the New York Mercantile Exchange, last week made a proposal valuing KCG at roughly $1.2 billion to $1.3 billion.

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