Antitrust Stock Set To Rise? Governments To Review Massive Stock Market Merger
Posted 02/17/11
The parent company of the New York Stock Exchange, NYSE Euronext, has agreed to merge with Deutsche Boerse, the operator of the Frankfurt stock exchange. In an all-stock deal worth more than $10 billion, Deutsche Boerse will own a majority 60 percent of the new company, and NYSE Euronext shareholders will own 40 percent. The merger, if approved, would create the world’s largest financial exchange operator and...