CME Group gets pitch from Florida

Crain's Chicago Business reports:

Republican Florida Gov. Rick Scott is urging CME Group Inc. Chairman Terrence Duffy to move the Chicago-based futures exchange to his state after Mr. Duffy complained recently that this year’s hike in the Illinois corporate taxes may drive the company out.

“I will not rest until the business tax is completely phased out in our state so that both Florida and companies like CME Group can thrive,” Mr. Scott said in a June 16 letter to Mr. Duffy.

The struggles of Illinois.