Brief: FXCM signs agreement to sell news, research website DailyFX for $40 mln

Global Brokerage

30/09/2016 07:00

Sept 30 (Reuters) - Fxcm Inc  FXCM.O : 
    * Says FXCM will continue to be an advertiser to u.s. And 
Canadian residents on DailyFX english version of website 
    * FXCM inc says cash of $36 million will be paid to FXCM on 
closing, with additional $4 million to be paid on completion of 
certain migration requirements 
    * Says FXCM signs agreement to sell news and research 
website DailyFX for $40 million 
    * Says IG will receive entire DailyFX business including all 
international and domestic web domains, source code and content 
 
Source text for Eikon:  ID:nGNXNHGCLa  
Further company coverage:  FXCM.O  
 
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