The Traderszone Network

Published in TZ Latest News 9 February, 2017 by The TZ Newswire Staff

Lutnick’s BGC Partners plans IPO for Newmark

Howard Lutnick’s BGC Partners, the parent company of Newmark Grubb Knight Frank, took the first step Thursday toward spinning the brokerage off into a separate company through an initial public offering. The company issued a statement Thursday saying it had confidentially submitted a draft registration statement relating to the IPO with the Securities and Exchange Commission.

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