MF Global Mulls Financing, May Sell Stake: WSJ
By: Reuters
MF Global, the futures and options broker whose shares surged Thursday, is considering financing options including a sale of a minority stake, the Wall Street Journal reported on its Web site on Thursday.
The brokerage has hired Lazard to help it examine options, the Journal said.
It is not considering an outright sale of the company, it added.
MF Global declined to comment on market speculation today about possibly being in takeover talks.
MF Global shares rose $1.45, or 14.47 percent, to $11.47 on the New York Stock Exchange Thursday.
MF Global, the futures and options broker whose shares surged today, is considering financing options including a sale of a minority stake, the Wall Street Journal reported on its Web site on Thursday.