KEY POINTS:
Upstart energy exchange IntercontinentalExchange yesterday offered to buy the Chicago Board of Trade's parent CBOT for US$9.9 billion ($14.4 billion), besting an existing takeover offer from Chicago Mercantile Exchange.
Upstart energy exchange IntercontinentalExchange yesterday offered to buy the Chicago Board of Trade's parent CBOT for US$9.9 billion ($14.4 billion), besting an existing takeover offer from Chicago Mercantile Exchange.
Mike Fuge says that is not appropriate when we have such an important job ahead