Philadelphia Exchange Reportedly Rejects Bid: The Philadelphia...
From Times Staff and Wire Reports
Philadelphia Exchange Reportedly Rejects Bid: The Philadelphia Stock Exchange’s board has rejected a $60-million offer by the Chicago Board Options Exchange to acquire Philadelphia’s equity and currency options businesses, sources at the Philadelphia exchange said. A CBOE spokesman declined to comment. The Chicago exchange has not confirmed it made the offer, which Philadelphia said it received earlier this month from an exchange it declined to identify.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
