Debevoise & Plimpton LLP is advising a Joint Committee of the Board of Directors of BGC Partners in connection with its agreement to reorganize and simplify its organizational structure through a series of proposed mergers and related transactions. Additionally, BGC announced that it expects to change its name from “BGC Partners, Inc.” to “BGC Group, Inc.,” and it also expects to change its Nasdaq Global Select Market ticker symbol from “BGCP” to “BGC,” all in connection with the planned corporate conversion from an Umbrella Partnership/C-Corporation (“Up-C”) to a “Full C-Corporation.” For more information, please see the company’s press release.
BGC is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, and futures.
The Debevoise team is led by M&A partners William Regner and Sue Meng and includes associate Sarah Jacobson, benefits partner Jonathan Lewis, and tax partner Peter Furci and associate Ben Lee Friedman.