CEO of Options Powerhouse Cboe Swats Down Talk of a Takeover
- Fredric Tomczyk has slowed M&A, focused on organic growth
- Exchange has made it ‘very expensive’ for potential acquirers
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Cboe Global Markets Inc. is aiming to grow too large for potential acquirers to swallow up.
After years of speculation about takeover possibilities, the exchange operator’s new chief executive officer says it’s unlikely a suitor will make an offer that works.