(Bloomberg) -- The Chicago Mercantile Exchange's
$11.3 billion acquisition of the Chicago Board of Trade may be a
prelude to takeover bids for the nation's remaining derivatives
exchanges.
Board of Trade shareholders approved the merger with the
Chicago Merc yesterday, creating the world's largest futures
exchange. The combined company will dwarf the Atlanta-based
Intercontinental Exchange Inc., the losing bidder for the Board
of Trade, and the New York Mercantile Exchange, making them
potential targets for NYSE Euronext.
Read more at Bloomberg Energy News
$11.3 billion acquisition of the Chicago Board of Trade may be a
prelude to takeover bids for the nation's remaining derivatives
exchanges.
Board of Trade shareholders approved the merger with the
Chicago Merc yesterday, creating the world's largest futures
exchange. The combined company will dwarf the Atlanta-based
Intercontinental Exchange Inc., the losing bidder for the Board
of Trade, and the New York Mercantile Exchange, making them
potential targets for NYSE Euronext.
Read more at Bloomberg Energy News
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