Most floor traders believe the deal will be approved
New York Board of Trade (Nybot) members were
preparing to vote on 11 December on the $1bn Intercontinental
Exchange (ICE) buyout proposal as some suggested there were
questions being raised by permit holders considering suing the
exchange for compensation.
The vote would decide the ICE bid that comprises
10.297m shares of ICE common stock and $400m in cash. On
consummation of the deal, Nybot would become a wholly-owned
subsidiary of ICE.
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