Home Wealth  Money NASDAQ And Ice Say Not This Time For NYSE Bid

NASDAQ And Ice Say Not This Time For NYSE Bid

Posted: May. 17th, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

The NASDAQ OMX Group and IntercontinentalExchange said today that they are withdrawing their acquisition off for NYSE Euronext.

NASDAQ OMX and ICE said discussions with the Antitrust Division of the US Department of Justice made it clear that they would not receive regulatory approval for the takeover, despite the remedies the companies suggested.

Therefore, the companies will not commence an exchange offer for outstanding shares of NYSE Euronext (nyse: NYX - news - people ) stock.

It now appears as though the NYSE Euronext will move forward with their plans to merge with Deutsche Boerse.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Need to Get Away?
Top 10 Business Hotels
Who says you canít mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
Stylish Moxi Restaurant Brings Cosmopolitan Concepts to Traditional Mexican Cuisine
Join the San Francisco World Spirits Competition by Mixing These Whisky Recipes at Home
Inside the World of Divergent: Stars Chat About Auditions, Training, Fears & Favorite Scenes
$21M Waterfront Estate Brings the Mediterranean to Miami Beach
13 Books You Need to Read Before They Hit Theaters This Year
5 Dublin Restaurants to Check Out For a Thoroughly Irish Experience
Million Dollar Elephant Dung and Buddha Selfies Stole the Show at Art Basel Hong Kong 2015
Event Recap: Relais & Châteaux's GourmetFest Once Again Delivers a Foodie Affair for the Books
11 Stunning Treehouses That Will Make You Reconsider Your Next Home Purchase
Score $7K Headphones Straight Off the Dolce & Gabbana Runway
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE