45: CBOE's $3 Billion Bats Purchase Is Actually a Tech Deal
CBOE's $3.2 billion acquisition of Bats Global Markets may sound like a wonky financial transaction. That isn't really the case, Bloomberg MaA reporter Matt Monks tells Deal of the Week host Alex Sherman. Actually, you can view it as a technology deal. Monks and Sherman discuss why stock and options exchanges are consolidating and explain why technological changes have upended the industry.
