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Howard Lutnick, chairman and chief executive of Newmark Knight Frank parent company BGC Partners, Inc., (Nasdaq: BGCP), said he expects the planned spin-off of Newmark as a separate publicly traded company to occur in the fourth quarter.
“We would like to do the initial public offering of Newmark in this calendar year,” Lutnick said this afternoon during a presentation at the Sandler O’Neill + Partners Global Exchange & Brokerage Conference in…
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