Trading in the Volatility Index Option Pit at the Chicago Board of Options Exchange. (E. Jason Wambsgans/Chicago Tribune)
From Reuters | As the Chicago Board Options Exchange plans its $300 million public offering, NYSE Euronext will not say whether it wants to buy CBOE Holdings Inc, but it is unlikely to pay the $5 billion or so that CME Group Inc was considering last year. “CBOE obviously has a lot of value to it,” said NYSE Euronext’s Chief Operating Officer Larry Leibowitz, “So you never rule it out but it would have to be at the right price.”
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