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20 Dec 2012 12:42 #115523
by ketchim
The parent company of the New York Stock Exchange :
is to be sold to smaller rival :
Intercontinental Exchange (ICE)
for $8bn.
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20 Dec 2012 12:43 #115524
by ketchim
Shares in NYSE Euronext rose 32% following the announcement.
However, ICE's share price fell 4%.
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20 Dec 2012 12:46 #115526
by ketchim
Last year, the US Justice Department blocked an £11bn sterling joint hostile bid for
NYSE Euronext by ICE and Nasdaq OMX, which owns the Nasdaq stock market.
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New York Stock Exchange : Sold ?
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