CBOT and Chicago Merc discuss merger but no announcement is expected soon

Article Abstract:

Ongoing discussions by high-level officials about a possible merger between the Chicago Mercantile Exchange and the Chicago Board of Trade have not yet produced any results. Industry analysts have said that a merger between the two exchanges may be delayed by continuing concerns over competing alliances of exchanges and technological conflicts. Both exchanges, which trade an array of financial and agricultural options and futures, are considering moving toward 24-hour electronic trading on their exchanges.

Comment:

Discussions continue by high-level officials about a possible merger with the Chicago Mercantile Exchange

Securities & Commodities Exchanges, Securities and Commodity Exchanges, Licensing/Sales Agreements, Board of Trade of the City of Chicago Inc., Chicago Mercantile Exchange Inc., Article

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Eaton to pay $1.7 billion for Aeroquip

Article Abstract:

Cleveland-based Eaton Corp. with annual sales of $6.6 billion will acquire Aeroquip-Vickers Inc. with $2.15 billion in sales last year, also based in Ohio. The $1.7 billion stock deal is said to be a good fit for both companies, and merging should move the new company into the number two spot in hydraulic equipment.

Comment:

Company to be acquired by Eaton Corp. in stock deal

Asset sales & divestitures, Relay and Industrial Control Manufacturing, Relays and industrial controls, Industrial Controls, Industrial equipment, Mergers, acquisitions and divestments, Abstract, Eaton Corp., ETN, Control equipment, Aeroquip-Vickers Inc., ANV, Governors (Machinery)

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