Dancing

After dancing around the issue for a few minutes, Energy Secretary Ernest Moniz Thursday said the department plans to “move expeditiously” on applications to export liquefied natural gas (LNG) to countries with which the United States does not have free trade agreements (FTA).

After dancing for two months over the details and the structure of the deal, CME Group Inc. has agreed to acquire Nymex Holdings for $9.5 billion, which is approximately $1.5 billion less than the deal that was being pondered back in late January. The companies said the combined company will provide global market participants access to the “leading financial and agricultural exchange” and the “leading energy and metals exchange” in a regulated, transparent marketplace distributed around the world through the “enhanced speed and capacity” of the CME Globex electronic platform.

After dancing for two months over the details and the structure of the deal, CME Group Inc. has agreed to acquire Nymex Holdings for $9.5 billion, which is approximately $1.5 billion less than the deal that was being pondered back in late January. The companies said the combined company will provide global market participants access to the “leading financial and agricultural exchange” and the “leading energy and metals exchange” in a regulated, transparent marketplace distributed around the world through the enhanced speed and capacity of the CME Globex electronic platform.