Monday, 09 July 2007

Shareholders approve CME's buy of CBOT

(Reuters) - Separate votes at each exchange returned an "overwhelming" majority in favor of CME's purchase of CBOT, a package worth about $11.9 billion, exchange officials said citing preliminary results.




A vote that once looked like it might be a toss-up, given a higher competing bid for CBOT from IntercontinentalExchange Inc. , turned into a landslide.


Read more at Reuters.com Business News

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