Monday, April 30, 2007

UPDATE 1-Deutsche Boerse in talks to buy ISE for $68/shr-WSJ

(Reuters) - A deal would allow the Frankfurt stock exchange to expand into the U.S. options trading market. Financial exchanges have been consolidating to diversify their businesses and cut costs. Options markets have become particularly attractive as the trading of listed options is growing faster than both stock and futures trading

Deutsche Boerse Chief Executive Reto Francioni is presenting the plan at a supervisory board meeting on Monday, The Journal reported, citing people familiar with the matter.


Read more at Reuters.com Mergers News

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