Company Statement: NASDAQ OMX and IntercontinentalExchange deliver proposed merger agreement to NYSE Euronext Board of Directors
( April 19, 2011, 13:35 GMT | Official Statement) -- MLex Summary: NASDAQ and ICE have submitted a proposed merger agreement to the NYSE Euronext Board. Their offer is 21 percent or 2 billion dollars superior to Deutsche Boerse's offer for the same target. Further, it includes a 350 million dollar reverse break-up fee, in the event that they are unable to obtain necessary antitrust and competition approvals;The full statement follows:...
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