• CORPORATE EVENT: Trane Inc. Merger

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 08-114
      • Notice Date
      • 05 June 2008
      • Effective Date
      • 05 June 2008
    • One June 5, 2008, Shareholders of Trane Inc. ("TT") will vote concerning the proposed merger with Ingersoll-Rand Company Limited ("IR").  If the merger is approved and consummated, each existing TT Common Share will be converted into the right to receive .23 IR Common Shares plus $36.50 cash.  Cash will be paid in lieu of fractional IR shares. 

      This coporate event will be coordinated with the Options Clearing Corporation.

      For the full text of this advisory...