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2 Chinese firms bidding for Chicago Exchange withdraw

from Reuters

Two Chinese investors, vying for a piece of the Chicago Stock Exchange, withdrew in the past two weeks, after the U.S. Securities and Exchange Commission sought more details from the participants about their bid, the Wall Street Journal reported. Chongqing Jintian Industrial Co Ltd and Chongqing Longshang Decoration Co Ltd had agreed to invest about $8 million as part of a consortium that offered up to $25 million, according to the report. more

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