Sander Oneal News Today

new jersey. good morning to you. she has a lot more on the terms of the deal. >> good morning. of course all of this comes after a weekend of none stop negotiations, knight securing that funding that it needed though at a very steep cost to shareholders. as you mentioned earlier a formal deal has yet to be announced. according to reporting by david faber as well as kate kelly this is what we expect. the company will sell $400 million worth of convertible securities. a 2% coupon and a c...

many of the companys biggest customers have stopped routing orders through commit. well talk to one of knights competitors in the next hour. ron kruszewski. >> lets talk about corporate buzz. mcgraw-hill taking bids for existed case capital. two companies have put in bids. bank of america in talks with fannie mae. they are fighting over soured mortgages that fannie wants the bank to buy back. and the london while was urged to put higher values. the "wall street journal" is saying the f...