TMX Group to Acquire Controlling Stake in MEMX in $2.3 Billion Option and Equity Exchange Merger

MEMX LLC, backed by Jane Street and Morgan Stanley, is combining with the equity options market BOX to form a new entity valued at $2.3 billion.
TMX Group Ltd. will acquire a 59% controlling interest in the merged MEMX Group by investing $800 million in cash alongside its existing stake in BOX.

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