Futures in Talks with Options
Become a member: Subscribe
NTS Headlines
Headlines by Category
Headlines by Year
Solari’s Building Wealth materials are organized to inspire and support your personal strategic and financial planning.
Building Wealth
This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
Connect with the wider network of like-minded Solari subscribers using our in-house social media platform, Solari Connect.
No posts
Futures in Talks with Options
By Emre Peker
CME Group Inc. and the Chicago Board Options Exchange are in informal talks for a takeover, Crain’s said, citing people familiar with the discussions.
An acquisition would value CBOE, the largest options marketplace in the U.S., at as much as $5 billion, Crain’s reported, without naming the people. There is no formal bid and negotiations are on hold until after Oct. 21, the deadline for filing appeals in a lawsuit that must be resolved for a deal to happen, Crain’s said.
CME Group, the world’s largest futures market, would own the three biggest Chicago exchanges and gain a “dominant position” in stock options if the takeover goes through, Crain’s said. A bid may value each CBOE seat at about $4 million, a 50 percent premium, according to Crain’s.
Continue reading CME in Talks With CBOE for $5 Billion Takeover, Crain’s Says
