Boston Stock Exchange or BSE on Friday said it reached an agreement to sell its ownership position in the Boston Options Exchange or BOX to the Montreal Exchange.
As per the deal, Boston Stock Exchange would receive nearly $52.5 million in cash for its entire ownership stake in BOX.
On October 2, 2007, the Nasdaq Stock Market Inc. (NDAQ) plans to purchase 100% of the BSE, excluding its ownership interest in BOX.
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