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CME Group Announces Final Shareholder Election Results And Proration Factor In Connection With NYMEX Holdings Merger

Date 27/08/2008

CME Group (Nasdaq: CME) today announced the final results of the elections received in connection with its merger with NYMEX Holdings. As specified in the Merger Agreement, NYMEX Holdings shareholders were entitled to elect to receive consideration consisting of cash or shares of CME Group Class A common stock for each share outstanding at the effective time of the merger. Elections were subject to proration in order to distribute the mandatory cash consideration of approximately $3.4 billion. The results of the elections and proration are as follows:
  • Sixty-one percent of NYMEX Holdings shareholders elected to receive consideration in the form of shares of CME Group Class A common stock, and thirty-nine percent elected to receive cash or did not submit an election.
  • NYMEX Holdings shareholders who made a valid stock election will receive, per share of NYMEX Holdings common stock held at the effective time, approximately $7.29 in cash and 0.2164 shares of CME Group Class A common stock, plus additional cash in lieu of any fractional shares.
  • NYMEX Holdings shareholders who made a valid cash election, as well as shareholders who made no election, will receive $81.16 per NYMEX share.