Inside the Market
CME offers $9.4 billion for NYMEX, hits campaign trail
By Jim KharoufThe CME Group announced a deal in March to buy the New York Mercantile Exchange (NYMEX) for $9.4 billion in cash and stock, a deal that would give the CME Group an energy futures complex and strong control over futures on precious metals.
The question now is, are the campaigning skills of NYMEX and CME executives good enough to convince shareholders to vote for it?
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