InterContinentalExchange

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NYSE Sells to Rival Exchange for $8.2B

Iconic 220-year-old exchange sells to competitor

(Newser) - InterContinentalExchange Inc. has agreed to buy NYSE Euronext, the company that owns the New York Stock Exchange, for $8.2 billion, the two companies announced this morning. ICE, an Atlanta-based commodity exchange, says it intends to leave the NYSE's branding alone, and would explore an IPO for Euronext, spinning... More »

Nasdaq, ICE Drop Bid for NYSE Euronext

They recognized transaction would not receive regulatory approval

(Newser) - 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 two financial giants announced today that they had held unsuccessful talks with the antitrust division of the Justice Department... More »

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