Notice to Members
Notice No. 293 08/06/2004
Exchange Decides Not to Pursue Transaction with Parthenon
NYMEX Holdings, Inc., announced today that its board of directors has decided not to currently pursue a transaction with Parthenon Capital LLC. On April 8, 2004, the Exchange announced that it had received an indication of interest from Parthenon Capital, a private equity investment firm, to acquire a potential controlling interest in NYMEX Holdings. Both firms subsequently engaged in due diligence and preliminary discussions about the structure of a potential transaction. The board made its decision on Wednesday night based on these discussions.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com