CBOE, CBOT Eye Deal On Voting Rights: Report

Law360, New York (February 12, 2008, 12:00 AM EST) -- The battle between two Chicago exchanges over voting rights may soon end. The Chicago Board of Trade and the Chicago Board Options Exchange are reportedly in talks to settle their lawsuit, which would pave the way for CBOE to go public.

CBOT was purchased last year by the Chicago Mercantile Exchange, and members of both bodies voted on July 9 to merge to form CME Group. Former CBOT members seek voting rights if the options exchange goes public.

CBOE has offered the former members of CBOT...
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