Deutsche Boerse owners back $9.7 billion NYSE merger (Reuters)

By admin on July 16th, 2011

The DAX board and trading floor are pictured at the Frankfurt stock exchange April 4, 2011. Deutsche Boerse does not plan to sweeten its takeover bid for NYSE Euronext after Nasdaq and IntercontinentalExchange (ICE) made a higher offer, German newspaper Die Welt reported on Monday, citing a source close to the company. A spokesman for Deutsche Boerse referred to a statement on Friday that the company strongly believes a merger of Deutsche Boerse and NYSE Euronext is the best possible combination. REUTERS/Alex DomanskiReuters – Germany’s Deutsche Boerse AG looked set to pull off its $9.7 billion takeover of the New York Stock Exchange group on Thursday after its shareholders backed the deal to create the world’s largest exchange operator.


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