Friday, June 22, 2007

CME urges CBOT members to vote in favor of merger

(Reuters) - ICE has been pursuing a hostile bid for CBOT since March. On Thursday, it sent a letter to CBOT members and shareholders urging them to vote against the CME-CBOT merger.




CME issued its response in the form of a letter on Friday, saying that a CME-CBOT merger would add significantly more value than the ICE offer, as well as immediate growth prospects with the lowest risk.


Read more at Reuters.com Business News

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