Thursday, April 21, 2011

NYSE Board Rejects New Nasdaq-ICE Takeover Bid

From Bloomberg, "NYSE Board Rejects Nasdaq-ICE Bid With Breakup Fee, Financing" by Whitney Kisling and Nandini Sukumar:
NYSE Euronext directors again rebuffed an $11.3 billion takeover offer from Nasdaq OMX Group Inc. (NDAQ) and IntercontinentalExchange Inc. (ICE), saying a proposed breakup fee to allay antitrust concerns doesn’t change their commitment to merging with Deutsche Boerse AG. (DB1).
Read the complete Bloomberg article here.

1 comment :

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