KCG Plans to Fund Buybacks With Bats Stake Worth $321 Million

  • Bats shares valued at about a quarter of KCG’s market value
  • ‘Shareholders don’t own our stock for ownership of Bats’: CEO

KCG Holdings Inc. plans to start cashing in its Bats Global Markets Inc. shares, liquidating an investment worth about a quarter of the trading firm’s market capitalization.

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