(Bloomberg) -- Intercontinental Exchange Inc. Chief
Executive Officer Jeff Sprecher told shareholders of the Chicago
Board of Trade he was willing to work directly with them and
bypass the board of directors in its $10.9 billion acquisition
bid.
The Board of Trade's directors chose a $9.8 billion offer
from the Chicago Mercantile Exchange earlier this month. Sprecher
yesterday offered to resolve a long-standing dispute between the
Board of Trade and the Chicago Board Options Exchange. Most of
the questions posed to Sprecher concerned the deal to potentially
solve the so-called exercise right.
Read more at Bloomberg Energy News
Executive Officer Jeff Sprecher told shareholders of the Chicago
Board of Trade he was willing to work directly with them and
bypass the board of directors in its $10.9 billion acquisition
bid.
The Board of Trade's directors chose a $9.8 billion offer
from the Chicago Mercantile Exchange earlier this month. Sprecher
yesterday offered to resolve a long-standing dispute between the
Board of Trade and the Chicago Board Options Exchange. Most of
the questions posed to Sprecher concerned the deal to potentially
solve the so-called exercise right.
Read more at Bloomberg Energy News
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