CBOE seatholders seek 166% premium in IPO

Posted June 11, 2010 at 6:25 a.m.

From Bloomberg News | CBOE Holdings Inc.’s initial public offering next week of $27 to $29 per share would almost triple the value of members’ stake, compared to seat values, in the largest options exchange. The  $339 million IPO may give its owners a 166 percent profit as they sell stock at a higher value.

Get the full story: businessweek.com

 

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