CME Boosts Offer for CBOT to 0.375 Shares
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Chicago Mercantile Exchange Holdings Inc. (NYSE: CME) and CBOT Holdings, Inc. (NYSE: BOT) have revised the terms of their definitive merger agreement to increase the consideration CBOT shareholders will receive in the merger by increasing the exchange ratio from 0.350 to 0.375 shares of CME Holdings common stock for each share of CBOT Holdings common stock. The revised agreement has been approved by the boards of directors of both companies.
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