Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, April 19, 2007

CBOT Ponders Its Future

The parent of the Chicago Board of Trade is mulling over the competing bids from Chicago Mercantile Exchange (valued at $8.9 billion) and the IntercontinentalExchange (valued at $9.8 billion) and says that price will not be the only factor.  Both bidders may sweeten their offers.  See WSJ, Commodity Bet: Decision on CBOT Winner Might Not Come Down to Just the Price.

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