Clearing House Advisory Notices
To | Clearing Member Firms
From | CME Clearing
Subject | CORPORATE EVENT: Trane Inc. Merger (TT)
Notice Date | 2008-06-05
Notice Number | 08-114
Effective Date | 2008-06-06
On June 5, 2008, Shareholders of Trane Inc. ("TT") will vote concerning the proposed merger with Ingersoll-Rand Company ("IR"). If the merger is approved and consummated, each existing TT Common Share will be converted into the right to receive .23 IR Common Shars plus $36.50 cash. Cash will be paid in lieu of fractional IR shares. This corporate event will be coordinated with the Options Clearing Corporation. For the full text of this advisory...