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Shareholders of the New York Mercantile Exchange approved its $8.2 billion takeover by rival derivatives exchange CME, which owns the Chicago Mercantile Exchange and the Chicago Board of Trade.
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hareholders of the New York Mercantile Exchange approved its $8.2 billion takeover by rival derivatives exchange CME, which owns the Chicago Mercantile Exchange and the Chicago Board of Trade. Nymex will give CME access to the growing market for over-the-counter futures contracts. The merger is now set to close Friday. (Chicago Tribune)

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