Coming as little more than a formality following a successful vote just days prior, CME Group Inc. said late last month that it has completed its acquisition of Nymex Holdings Inc. CME noted that the combination of the Chicago Mercantile Exchange, the Chicago Board of Trade and now the New York Mercantile Exchange will provide customers with access to all major benchmark asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals.
Formality
Articles from Formality
CME Adds Nymex a Little Over a Year After Acquiring CBOT
Coming as little more than a formality following a successful vote earlier in the week (see Daily GPI, Aug. 19), CME Group Inc. said Friday that it has completed its acquisition of Nymex Holdings Inc. CME noted that the combination of the Chicago Mercantile Exchange, the Chicago Board of Trade and now the New York Mercantile Exchange will provide customers with access to all major benchmark asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals.
August 25, 2008
NewPower Files Chapter 11 Bankruptcy, Sheds TX and GA Customers
Coming as little more than a formality last Tuesday, NewPower Holdings Inc. and its subsidiaries TNPC Holdings and The New Power Co. (collectively NewPower) said that they have filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Georgia. The filings came one day after NewPower liquidated its 80,000 power customers in Texas and one day before the company entered into an agreement to sell its 210,000 natural gas customers in Georgia.
June 17, 2002
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