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CBOE, CBOT members agree on tentative pact.

Publication: Pensions & Investments
Publication Date: 09-JUN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: CBOE, CBOT members agree on tentative pact.(Trading Briefs)(Chicago Board Options Exchange Inc.)(Board of Trade of the City of Chicago Inc.)

Article Excerpt
CHICAGO - The Chicago Board Options Exchange on June 3 said it reached a tentative agreement in a case between the world's largest options market and members of the Chicago Board of Trade, now part of CME Group. In a notice to members posted June 2 on the exchange's website, the office of CBOE Chairman William Brodsky said that CBOT members "would receive an 18% equity interest in a CBOE demutualization plus a cash payment of $300 million.''...

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