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ICE mulls options after CME's increased bid for Cbot

11 May 2007  |  1499 views  |  0 Source: IntercontinentalExchange

IntercontinentalExchange (NYSE: ICE) today issued the following statement in response to the announcement by the Chicago Board of Trade (NYSE: BOT) and Chicago Mercantile Exchange:

"We are reviewing this morning's announcement and evaluating our options. ICE continues to believe the combination of CBOT and ICE offers CBOT shareholders and members greater immediate and long-term value as well as better growth prospects than its acquisition by CME."

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