Source: CME Group
CME Group (NYSE: CME)(NASDAQ: CME) and NYMEX Holdings (NYSE: NMX) today announced that they have agreed to extend the 30-day exclusive negotiating period regarding CME Group's potential acquisition of NYMEX until March 15, 2008.
The potential transaction remains subject to completion of due diligence, negotiation of terms of a definitive agreement and approvals of the Boards of Directors of both companies. There can be no certainty that any agreement will be entered into or as to the terms of any agreement. There will be no further comment until an agreement is reached or the discussions are terminated.