NYMEX Announces Early Termination Of Hart–Scott–Rodino Waiting Period

NYMEX Holdings, Inc. today announced that the Federal Trade Commission has granted early termination of the antitrust waiting period under the Hart–Scott–Rodino Improvements Act of 1976, as amended, for the proposed minority investment in NYMEX by General Atlantic LLC.

As previously announced, NYMEX and General Atlantic have signed a definitive agreement by which General Atlantic will invest $135 million for a 10% equity stake in NYMEX. General Atlantic would not receive any trading rights in the proposed transaction. The proposed transaction remains subject to approval by the NYMEX stockholders and satisfaction of other customary closing conditions.