CME buying CBOT for $8 Billion

Discussion in 'Wall St. News' started by late apex, Oct 17, 2006.

  1. funny how the NYMEX IPO got priced all of a sudden

    from the newswires


    - The New York Mercantile Exchange on Wednesday set an estimated price range for its initial public offering, just a day after the Chicago Mercantile Exchange's bid for the Chicago Board of Trade stoked interest in the already hot bourse sector.
    The Nymex said it'll go public at an estimated $48 to $52 a share.-
     
    #31     Oct 18, 2006
  2. Is this story in today’s Financial Times a sign of things to come?

    CME grapples with possible metals conflict

    The Chicago Mercantile Exchange could close the metals trading business it will inherit from the $8bn deal with the Chicago Board of Trade to preserve its new commodities with the New York Mercantile Exchange.
     
    #32     Oct 19, 2006