Thursday, July 12, 2007

CBOT shares to stop trading as of close

(Reuters) - The announcement came after the results of Monday's vote were certified. It marks the end of a bidding war that erupted in March between the Chicago Mercantile Exchange and upstart energy bourse IntercontinentalExchange , pushing the CME to buy the CBOT for $12 billion.




The marriage between the two largest U.S. futures exchanges will create the world's largest derivatives mart known as CME Group Inc., a CME/Chicago Board of Trade Company.


Read more at Reuters.com Mergers News

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