(Reuters) - ICE, a relatively small Atlanta-based energy and soft commodity exchange with a clearing house at the New York Board of Trade, in March offered almost $10 billion to acquire CBOT. That bid topped CME's offer, which was made in October, by roughly $1 billion.
The Journal cited CBOT Chairman Charles Carey and Chief Executive Bernard Dan as saying that the price was one determining factor, but not the only one.
Read more at Reuters.com Mergers News
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