CFTC Approves tZERO Exchange Ahead of $350M SPAC Deal

The November 10 designation follows October clearinghouse registration and satisfies an earn-out target, but merger closing conditions remain.
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Merger
The combination of two companies into one, often negotiated alongside an acquisition, where one company buys another.
Deals reshape industries and can affect prices, jobs and competition, so regulators often review them.
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