UPDATE 1-Chicago Board Options Exchange to list IPO on Nasdaq
WASHINGTON, April 28 |
WASHINGTON, April 28 (Reuters) - The Chicago Board Options Exchange plans to price its initial public offering on June 14 and list shares for trading on Nasdaq OMX .OMXC20 the following day, it said in regulatory filings.
The CBOE, the largest U.S. options market, set a per-share price floor of $25. At that price, the offering would value the exchange at $2.5 billion.
The market will provide a share-price range for the offering in the days leading up to June 1, when the company will officially start its road show, it said in documents filed on Tuesday and Wednesday.
(Reporting by Ann Saphir; editing by Patrick Graham)
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