DoJ shifts CME/CBoT attention to clearing
11 Dec 2006
The focus of Chicago Mercantile Exchange (CME)'s $8bn buyout of Chicago Board of Trade (CBoT) has turned to CME's clearinghouse as the US Department of Justice (DoJ) moved toward the next phase of its inquiry into the deal with one source claiming that an agreement could be struck to ensure the plans are passed.
DoJ has issued a second request for additional information from CME, a move that was not considered uncommon, but indicated that the department was further looking into key issues associated with deal.
A source,...
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