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Tax hike concerns aside, CME to stay put

CME Group Inc., which runs the Chicago Mercantile Exchange and the Chicago Board of Trade, has no plans to leave the city, despite concerns over Illinois’ recent tax hike, a spokeswoman said on Friday.

“We are not planning to leave Chicago,” the spokeswoman said in response to an e-mailed query from Reuters, after Fox Chicago News reported that CME was “threatening” to leave its hometown. Get the full story »