Citadel LLC and KKR & Co. are no longer exploring an investment in Knight Capital Group Inc. (KCG:US), according to people familiar with the matter.
Citadel walked away from talks yesterday, said one of the people, who asked not to be named because the discussions are private. Efforts to reach Ken Griffin, founder of Chicago-based Citadel, weren’t immediately successful.
Kristi Huller, a spokeswoman for New York-based KKR, declined to comment.
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