Comment on Nasdaq-ICE drops bid for New York Stock Exchange, clears way for NYSE-Deutsche Boerse pairing

Nasdaq-ICE drops bid for New York Stock Exchange, clears way for NYSE-Deutsche Boerse pairing

NEW YORK — Nasdaq and IntercontinentalExchange are withdrawing their proposed $11 billion bid for the parent of the New York Stock Exchange after recognizing they would not receive regulatory approval for the transaction. The decision clears the path for NYSE Euronext Inc. to proceed with its previous $10 billion deal to combine with the German exchange operator Deutsche Boerse. Nasdaq OMX Group Inc.

 

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