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Updated from 12:04 p.m. EDT
Word of a continuing merger battle in the exchange space had the main players in the drama trading mixed Friday, and that proved to be emblematic of the action in the broader financial sector.
The Chicago Mercantile Exchange (CME Quote) once again raised its offer for the Chicago Board of Trade (BOT Quote) in its attempt to outdo a competing takeover proposal from IntercontinentalExchange (ICE Quote).
CME also said its new bid has received the support of the Board of Trade's biggest shareholder, Caledonia Investments. ...
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