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A BATS IPO could result in Ratterman swapping titles

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BATS Global Markets Inc. appears to be planning its second attempt at an initial public offering, which could mean replacing Joe Ratterman as CEO, according to a story in The Wall Street Journal. Citing anonymous sources, the newspaper reported that BATS plans to name President Chris Concannon as CEO as early as the summer and make Joe Ratterman chairman. The story stated that the move would help lay the groundwork for an IPO. BATS declined to comment on the matter other than to say the company…

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