TORONTO, July 21, 2011 /CNW/ - TMX Group Inc. today announced that itsBoard of Directors has authorized management and its advisors to holddiscussions with the Maple Group Acquisition Corporation (Maple)regarding its unsolicited offer to acquire TMX Group.
The TMX Group Board is making no recommendation to shareholdersregarding the current Maple offer and there can be no assurance thatany agreement or recommendation will result from TMX Group'sdiscussions with Maple.
According to the Maple take-over bid circular dated June 10, 2011 asvaried on June 24, 2011, the current Maple offer is open for acceptanceuntil August 8, 2011 and is subject to a number of conditions; Maplehas publicly disclosed that it expects to complete the Maple offer inthe fall of 2011. Therefore, there is no necessity for TMXshareholders to take any action with respect to the Maple offer at thistime.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets formultiple asset classes including equities, fixed income and energy.Toronto Stock Exchange, TSX Venture Exchange, TMX Select, MontrealExchange, Canadian Derivatives Clearing Corporation, Natural GasExchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy,Equicom and other TMX Group companies provide listing markets, tradingmarkets, clearing facilities, data products and other services to theglobal financial community. TMX Group is headquartered in Toronto andoperates offices across Canada (Montreal, Calgary and Vancouver), inkey 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.