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CBOT |
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Based on the closing stock prices of CME and CBOT on October 16, 2006, the last trading day prior to the announcement of the merger, the combined company is valued at $25 billion (CME equity $18 billion; CBOT equity $7 billion). Everybody we've talked with following the announcement says it'll be business as usual for growers using the futures and options ag markets at the CBOT and/or Merc. In related news, The Chicago Board of Trade (CBOT; Chicago, IL) and Dow Jones Newswires (New York) have launched "Commodity News for Tomorrow," a custom newsletter for CBOT market participants. |
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