IntercontinentalExchange Bids for CBOT

Bear Stearns posts higher earnings; Jupitermedia posts weaker results; plus more stocks in the news Thursday

IntercontinentalExchange (ICE) makes a bid for CBOT Holdings (BOT) in which IntercontinentalExchange would issue 1.42 ICE shares for each CBOT share, valued at $187.34 per CBOT share based on yesterday's closing price of ICE shares.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.