Friday, July 6, 2007

ICE seen at risk of overpaying if raises CBOT bid

(Reuters) - After months of battle, analysts wondered whether ICE Chief
Executive Jeff Sprecher could simply bow out after CME raised
its bid for CBOT Holdings Inc. by 7 percent on Friday.




ICE's stock "acted as if ICE is not going to buy," said
Scott Appleby of Appleby Capital Inc. "But I still think
there's a good chance they will raise their bid."


Read more at Reuters.com Mergers News

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