Friday, June 8, 2007

Sprecher, Brodsky Say Further Talks on CBOE Legal Dispute Are Possible

(Bloomberg) -- The top executives of Intercontinental
Exchange Inc. and the Chicago Board Options Exchange said they
are open to further negotiations to resolve a longstanding legal
dispute between the CBOE and the Chicago Board of Trade.

Intercontinental Exchange Chief Executive Officer Jeff
Sprecher is working with CBOE to help his effort to break up the
Board of Trade's plan to sell itself to the Chicago Mercantile
Exchange. The CBOT has accepted a $10 billion acquisition offer
from the Chicago Mercantile Exchange over Sprecher's unsolicited
$10.8 billion bid.


Read more at Bloomberg Energy News

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