(Reuters) - ICE Chief Executive Officer Jeffrey Sprecher said in the letter that CBOT's board has agreed to a "bargain-basement sale" in a transaction that would leave $1.3 billion of shareholders' money on the table, and urged them to vote against the deal.
At current share values, ICE said its "financially and strategically superior" offer for CBOT is worth $11.9 billion, while the CME deal is worth $10.6 billion.
Read more at Reuters.com Business News
At current share values, ICE said its "financially and strategically superior" offer for CBOT is worth $11.9 billion, while the CME deal is worth $10.6 billion.
Read more at Reuters.com Business News
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