CBOT opts to float

The Chicago Board of Trade, the second-largest US derivatives exchange, has chosen to proceed with an initial public offering despite receiving approaches about a merger two months ago.

The CBOT said last night that the board had completed its review of the company's strategic alternatives.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump