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IntercontinentalExchange Buys Creditex Group

02-Sep-2008
Story Timeline:  91 days

September 2, 2008 (FinancialWire) -- IntercontinentalExchange (NYSE: ICE) (Current Market Cap: US$6.58 Bil.) has completed its acquisition of Creditex Group Inc., a company engaged in trade execution and processing of credit default swaps. The purchase price was $513 million, comprised of around $461 million in Ice common stock and options and $52 million in cash on hand. With Creditex in-house, Ice will offer... [read full story]                    

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Latest article on this story:

IntercontinentalExchange Completes Acquisition of Creditex Group

financetech.com 02-Sep-2008
First article on this story:

IntercontinentalExchange Completes Acquisition of Creditex Group Inc.

prnewswire.com 02-Sep-2008
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