The back story you don't hear much about. http://dealbook.nytimes.com/2014/12/10/london-stock-exchanges-westward-expansion/?_r=0 http://www.theglobeandmail.com/report-on-business/cibc-said-weighing-bid-for-lses-russell-asset-management-unit/article22019942/ Because it's not really important I suppose.