Thursday, June 21, 2007

CBOT suitors sweeten sweet talk ahead of July vote

(Reuters) - The Chicago Mercantile Exchange, the largest U.S. futures
mart, and the Atlanta-based energy exchange
IntercontinentalExchange, began angling for the CBOT in March
with ICE's hostile bid for the No. 2 U.S. futures exchange.




On July 9, CBOT shareholders will decide whether to accept
the CME's bid, worth roughly $10.2 billion based on current
share values, about $1.3 billion below the ICE bid.


Read more at Reuters.com Mergers News

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