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New York Stock Exchange : Sold ? - Printable Version

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New York Stock Exchange : Sold ? - ketchim - 12-20-2012

The parent company of the New York Stock Exchange :

is to be sold to smaller rival :

Intercontinental Exchange (ICE)

for $8bn.


Re: New York Stock Exchange : Sold ? - ketchim - 12-20-2012

Shares in NYSE Euronext rose 32% following the announcement.

However, ICE's share price fell 4%.


Re: New York Stock Exchange : Sold ? - chairman - 12-20-2012

didnt realize that nyse was worth such a low price


Re: New York Stock Exchange : Sold ? - ketchim - 12-20-2012

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.