Wednesday, April 11, 2007

NYMEX says completes buying 19 pct Optionable stake

(Reuters) - "The warrant is exercisable for 18 months at an exercise price of $4.30 per share. The agreements also provide for certain marketing and technology initiatives between the companies," the exchange stated.

Benjamin Chesir, NYMEX vice president of new product development, was elected as a director on the Optionable board, increasing its size to five from four directors.


Read more at Reuters.com Mergers News

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