The long drawn-out process by CME Group to acquire Nymex Holdings appears to have turned the corner with the latest revised CME offer made last Friday (July 18) at a meeting of seatholders of both exchanges.
The final shareholders meeting has now been set for August 18.
Nymex dissident shareholders told FO Week that the tide has turned in favour of the deal now that CME has upped its bid for Nymex memberships to $750,000 from $615,000, and allowed them to continue to...