CBOT shares to be delisted at close of trade

Discussion in 'Wall St. News' started by JayS, Jul 12, 2007.

  1. JayS

    JayS

    CBOT shares to be delisted at close of trade

    Thu Jul 12, 2007 6:01 PM BST

    ANCHORAGE, Alaska, July 12 (Reuters) - CBOT Holdings (BOT.N: Quote, Profile , Research), whose shareholders voted on Monday to merge with Chicago Mercantile Exchange Holdings Inc. (CME.N: Quote, Profile , Research), said its shares would be delisted at the close of trading on Thursday.

    CME's purchase of the parent of the 159-year-old Chicago Board of Trade, the number two U.S. futures exchange, will be completed on Thursday, CBOT said.

    The combined entity will be known as CME Group Inc., a CME/Chicago Board of Trade Company.

    (Reporting by Ros Krasny)