BGC Partners acquires Mint Partner for undisclosed sum

By AP
Thursday, August 19, 2010

BGC Partners acquires Mint Partners

NEW YORK — Brokerage firm BGC Partners Inc. said Thursday that it has completed an acquisition of the trading house Mint Partners for an undisclosed sum.

BGC said that it acquired assets of Mint Partners and Mint Equities through its BGC Brokers LP unit. More than 100 Mint brokers will join BGC under the deal. Mint founders Richard Barnett and Timothy Bullman will also move to BGC in senior executive positions.

Shares of BGCP fell 7 cents, or 1.3 percent, to close at $5.13.

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