Thursday, June 14, 2007

Nymex Explores Sale to NYSE, Deutsche Boerse, CME, People Involved Say

(Bloomberg) -- The New York Mercantile Exchange,
the world's largest energy market, is exploring a sale to NYSE
Euronext, Deutsche Boerse AG or Chicago Mercantile Exchange
Holdings Inc., said two people involved in the discussions.

Nymex Holdings Inc. may be worth $155 a share or $14.3
billion, 11 percent more than yesterday's closing price, said
one of the people, who asked not to be identified because the
talks are confidential. Top Nymex executives have met with their
counterparts at the three suitors, the people said. Nymex's
board has been informed of the discussions.


Read more at Bloomberg Stocks News

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