Economy
Nasdaq, ICE make joint bid for NYSE
Updated: 2011-04-01 22:54
(Xinhua)
NEW YORK - Nasdaq OMX and Intercontinental Exchange (ICE) on Friday announced a joint 11.3-billion-dollar bid to buy the NYSE Euronext, a 19 percent premium over a previous offer by Germany's Deutsche Boerse.
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Deutsche Boerse had offered a 10.2 billion dollar takeover bid for NYSE Euronext in February to form the world's largest exchange operator.
The announcement officially represented that Nasdaq and ICE entered into rivalry with Deutsche Boerse over NYSE Euronext.
NYSE shares were last traded at around 38.83 dollars per share on Friday, up more than 10 percent comparing with previous closing price.
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