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
Net income grew 42% in Q1
CBOT will review competing bid from IntercontinentalExchange before deciding on the next step
Talks permitted under merger agreement with CME
Competing bid would create world’s most comprehensive derivatives exchange