WHILE THE CHICAGO BOARD of Trade and the Chicago Mercantile Exchange are busy trying to consummate their $8.7 billion merger and shoo away competing bids-including one from Atlanta-based Intercontinental Exchange-they’re also grappling with a European rival nipping at their heels in federal court.
The European exchange, Eurex A.G., sued the Chicago institutions through in October 2003 on antitrust claims and is now demanding documents in discovery that the Chicago exchanges have filed with the Justice Department as part of their proposed merger. US Futures Exchange v. Board of Trade of the City of Chicago, No. 04-6756 N.D. Ill..
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