Securities Law Prof Blog

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

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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.

http://lawprofessors.typepad.com/securities/2007/04/cbot_ponders_it.html

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