NYSE, Euronext bid gaining approval
Tuesday, November 21, 2006
The Euronext / NYSE merger seems each week closer, and looks like it won't take many more weeks for us to see the deal being closed.
Europe: NYSE sees Euronext bid gaining approval
"We're hoping in a couple of weeks that will be clarified for everybody," Chai said at an investor conference in New York that was broadcast on the Internet. "Ultimately, I do think we'll get there. I don't think that will slow us down."
NYSE Group plans to schedule a shareholder vote next month on its cash-and-stock bid for Euronext, which is now valued at $13.6 billion. Deutsche Börse's decision to withdraw its bid for Euronext on Wednesday cleared the way for NYSE Group.
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posted by IntoBlogs @ 2:43 AM,
