Combination creates global exchange with products in every major asset class
Parties have agreed to a 30-day exclusive negotiating period
The Dow Jones Industrial Average futures contract has been offered at the Chicago Board of Trade since 1997
CME Group today announced a workforce reduction of 380 positions, following its merger with the CBOT. The reduction is expected to be completed by June 2008 and reflects CME Group’s efforts to leverage synergies resulting from the CME and CBOT merger, it says.All individuals whose positions are being eliminated will be informed this week and […]
Companies expect to complete historic combination within days
Chicago Mercantile Exchange Holdings Inc. and CBOT Holdings, Inc. announced that they have sweetened the terms of their merger agreement once again.The firms have agreed to increase the consideration CBOT shareholders will receive in the merger by increasing the exchange ratio from 0.350 to 0.375 shares of CME Holdings common stock for each share of […]
New terms provide increased value to CBOT shareholders
Shareholders vote set for July 9
Pact with CBOE could help bid for Board of Trade
CBOT shareholders to receive improved exchange ratio and increased ownership of combined company