Chicago Board Options Exchange (CBOE) has sent a letter to
American Stock Exchange (Amex) regarding a possible
CBOE officials confirmed a letter to Amex was sent but would
not comment on the content of the letter. It was reportedly
sent by exchange chairman Bill Brodsky last week and encouraged
Amex executives to explore a possible negotiation for the
exchange, which has been on the selling block for more than a
year. The bid comes as GTCR Golder Rauner, a Chicago-based
venture capital firm, is believed to be close to purchasing the
exchange for an estimated $100m. Some have suggested that the
main purpose of the CBOE letter was to stall that deal.
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