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CME Group Inc.
CME Group and NYMEX Receive Unconditional Department of Justice Clearance to Proceed With Acquisition
July 5th, 2008
CME Group Inc. (NYSE:CME)(NASDAQ:CME) and NYMEX Holdings, Inc. (NYSE:NMX) announced that they have received clearance from the U.S. Department of Justice (DOJ) to complete their proposed transaction without conditions. "Throughout the review process we were confident that the Department of Justice would approve our combination, and the announcement represents important progress in completing this transaction and delivering value to shareholders, customers and members," said CME Group Executive Chairman Terry Duffy. "We believe that our combination with NYMEX will generate $60 million in cost synergies for shareholders as well as generate compelling growth opportunities....
Source: Law & Health Weekly (2008-07-05)
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