Chicago Board Options Exchange owner CBOE sets a price range of $27-29 for its IPO, valuing the...

|By:, SA News Editor

Chicago Board Options Exchange owner CBOE sets a price range of $27-29 for its IPO, valuing the company at $2.87B, which would make a pricey P/E of 27. The nation's biggest options exchange is the last major member-controlled market.