Nymex Decides Not To Pursue Transaction With Parthenon

NYMEX Holdings, Inc. announced today that its board of directors has decided not to currently pursue a transaction with Parthenon Capital LLC.

On April 8, 2004, the Exchange announced that it had received an indication of interest from Parthenon Capital, a private equity investment firm, to acquire a potential controlling interest in NYMEX Holdings. Both firms subsequently engaged in due diligence and preliminary discussions about the structure of a potential transaction. The board made its decision on Wednesday night based on these discussions.