Brief: Gain Capital Says Peter Quick & Chris Sugden, Two Members Of Gain's Board Informed Board That They No Longer Supported INTL FCStone Merger

Stonex

14/05/2020 23:13

May 14 (Reuters) - GAIN Capital Holdings Inc  GCAP.N :
    * GAIN CAPITAL HOLDINGS - PETER QUICK & CHRIS SUGDEN, TWO
MEMBERS
OF GAIN'S BOARD INFORMED GAIN BOARD THAT THEY NO LONGER
SUPPORTED INTL FCSTONE MERGER
    * GAIN CAPITAL HOLDINGS - QUICK AND SUGDEN BELIEVE INTL
FCSTONE
MERGER CONSIDERATION NO LONGER REFLECTS LONG TERM VALUE OF GAIN
    * GAIN CAPITAL HOLDINGS - QUICK AND SUGDEN JOINED ALEX GOOR
IN
VOTING AGAINST RECOMMENDING THAT STOCKHOLDERS ADOPT MERGER
AGREEMENT
    * GAIN CAPITAL HOLDINGS - GAIN BOARD, BY A VOTE OF FIVE TO
THREE,
REAFFIRMED RECOMMENDATION THAT STOCKHOLDERS ADOPT INTEL FCSTONE
MERGER AGREEMENT

Source text: (https://bit.ly/3fPSxQh)
Further company coverage:  GCAP.N 

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