Thursday, May 31, 2007

ICE urges CBOT members to defy board on CME deal

(Reuters) - At a meeting with CBOT members that was also Webcast and
teleconferenced, Sprecher stressed the 14 percent premium that
ICE's bid holds to the CME proposal, which was endorsed by
CBOT's board of directors this month.




CBOT's board has cited greater integration risk involved in
a possible deal with ICE compared with CME.


Read more at Reuters.com Mergers News

No comments: