Sunday, April 10, 2011

NYSE rejects Nasdaq-ICE bid, stays with Deutsche Boerse deal

The primogenitor association of a New York Stock Exchange pronounced Sunday that it deserted an $11.3-billion bid from Nasdaq’s primogenitor association and IntercontinentalExchange Inc. to buy a firm.
NYSE Euronext pronounced a house motionless to spin down a offer, that was submitted this month, since it was “highly conditional” and would have caused nonessential risk for shareholders.

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