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
Write a Story/Review about this topic

Post a Comment

 
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
Popular Spirits in 12 Different Countries That You Have Probably Never Heard Of
Will This $1,000 App Keep You From Upgrading to the iPhone 6?
Princess Yachts Unveils the Sleek and Speedy Princess 30M
The Incredible Sound & Durability of V-MODA XS Headphones
Comedian Bill Cosby Gives Voice to African-American Artists By Loaning His Massive Art Collection to the Smithsonian
Gurkha Cigars Insures 9,000-Square-Foot Humidor Valued Over $5M
Vintage Wine Weekend at Four Seasons Maui: A Connoisseurís Dream Come True
The Drop Is Worth the Film Festival Hype & So Much More
While Safety Comes First, High-Tech Features are a Close Second in the Skully AR-1 Helmet
The Future of Wine: 3 Hot Trends You Need to Know About
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE