Quote:
CME offers $16 billion for CBOE
CME Group has offered $16 billion in stock to buy Cboe Global Markets, according to the Financial Times.
"A takeover would bring together two of the most important names in global financial derivatives," FT said.
The proposed price values Cboe at about $150 a share, or about 20 percent more than its current price, the paper reported.
According to the report, "CME said it declined to comment on speculation, while Cboe said it 'does not comment on market rumors or speculation.'"
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https://www.chicagobusiness.com/fina...on-cboe-report
Is this it? Is this finally the moment when Chicago becomes the financial trading alpha dog of the planet?
(hint: the answer is 'yes'
)