Chicago Merc increases Board of Trade bid

Dec 20, 2007
Chicago Mercantile Exchange Holdings Inc. (CME) said it would increase the value of its $10 billion bid for the Chicago Board of Trade by adding a special dividend for owners of CBOT Holdings Inc. (BOT). The move, announced last Thursday, is designed to respond to a similar proposal from IntercontinentalExchange Inc. (ICE), which is pursuing a hostile bid for CBOT, the owner of the country’s oldest futures exchange. Shortly afterward, CBOT said it ha...

You must Sign In or Register to access this content

Not a subscriber yet? Try WLJ free for 30 days!

Register to read WLJ's digital edition and enjoy unlimited access to the news source more livestock producers depend on.

Click here to begin your free 30 day trial subscription.

Current Users

Forget your password?

Current WLJ subscribers: Log in using your six-digit customer number, which you will find printed above your name on the mailing label of your weekly journal. Use the password wlj123, then go to the profile page to customize your password and log in as you wish.