
Preliminary results of the Aug. 18 proxy vote indicate that the Chicago Mercantile Exchange CME and New York Mercantile Exchange NMX shareholders agreed to the merger. Our fair value of CME Group remains unchanged as we have already incorporated NYMEX's operations into our model.
Preliminary results of the Aug. 18 proxy vote indicate that Chicago Mercantile Exchange CME and New York Mercantile Exchange NMX shareholders agreed to the merger. The cash consideration per NYMEX share is equal to $36 plus 0.1323 times the average CME
January 2008 , Chicago Mercantile Exchange CME announced on Monday that it has agreed to acquire the New York Mercantile Exchange NMX for approximately $9.48 billion, of which $3.4 billion is in cash and about $6.08 billion is in stock. The agreement
our fair value for the firm under review. Additionally, we are placing our fair values for the New York Mercantile Exchange NMX (NYMEX) and InterContinental Exchange ICE--the other futures exchanges we cover--under review as we examine the impact
As we predicted in our report from Nov. 21, 2007 , Nymex's NMX days as an independent company might be numbered. Nymex and the CME Group confirmed on Monday that they have agreed to enter a
Nymex Holdings NMX reported third-quarter results Thursday that were more or less consistent with our thesis, so we're standing pat with our
Nymex Holdings NMX reported second-quarter results Tuesday that were consistent with our forecast, so we're leaving our fair value estimate unchanged
Although we think there is a fair chance that Nymex NMX gets purchased by another exchange in the next year, we are leaving our fair value estimate unchanged. In the absence of a specific
Nymex Holdings NMX has been the subject of takeover speculation since even before its IPO, but according to a published report on Thursday, the
Nymex Holdings NMX reported solid first-quarter results on May 1 that were in line with our expectations, and we are leaving our fair value estimate