Jun. 22, 2011 (Canada NewsWire Group) --
TORONTO, June 22, 2011 /CNW/ - TMX Group Inc. acknowledges the issuance of a press release by Maple Group Acquisition Corporation (Maple) on June 22, 2011, stating that it has revised the terms of its offer for the outstanding shares of TMX Group.
The Board of Directors of TMX Group (the Board) will fulfill its fiduciary responsibility and will review Maple's notice of variation regarding its revised terms, which Maple has indicated will be filed shortly, and respond in a directors' circular. The Board will also reassess whether the revised Maple offer constitutes a superior proposal, or could reasonably be expected to result in a superior proposal.
TMX Group will make no other public comment until the Board of Directors has completed its analysis.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well as in London. For more information about TMX Group, visit our website at www.tmx.com.
Director, Corporate Communications