Nymex Holdings, the parent company of New York Mercantile
Exchange (Nymex), priced its secondary offering of 7m shares of
its common stock at $136.50 per share, worth a total
The shares are being offered by stockholders who elected to
sell shares and the exchange said it will not receive any of
the proceeds from the offering.
JP Morgan and Merrill Lynch, which led the IPO (and are
running the secondary offering along with Bank of America), are
selling $8m and $31m shares respectively and will each retain a
$39m stake, according to an SEC filing.
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