The Chicago Board Options Exchange's parent is now formally open to "strategic transactions" such as a sale or merger with another exchange operator, a person with direct knowledge of the company's stance said on Wednesday. At a Feb. 8 board meeting, CBOE Holdings Inc (CBOE.O) management used a PowerPoint presentation to, in part, tell directors that it would not be opposed to a transaction -- though no specific possibilities were outlined, said the source. The source, who requested anonymity, added that the board did not oppose the concept of a transaction.
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