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Tags: nyse | ICE | exchange | takeover

NYSE Shareholders Approve $10 Billion Takeover by ICE

Monday, 03 June 2013 10:58 AM

Both NYSE Euronext and IntercontinentalExchange shareholders are voting in favor of the Big Board's $10 billion acquisition by the ICE.

At a special meeting in New York on Monday, a majority of NYSE's shareholders cast their votes in favor of the deal, according to a statement from the NYSE. In Atlanta, a majority of ICE's shareholders also voted for the deal.

The Atlanta-based exchange announced the cash-and-stock deal in December. Regulators in the U.S. and Europe still have to sign off on it.

ICE plans to put both companies within a new one, ICE Group. The new company's stock would be listed on the New York Stock Exchange under ICE's current stock symbol, "ICE."

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


FinanceNews
Both NYSE Euronext and IntercontinentalExchange shareholders are voting in favor of the Big Board's $10 billion acquisition by the ICE. At a special meeting in New York on Monday, a majority of NYSE's shareholders cast their votes in favor of the deal, according to a...
nyse,ICE,exchange,takeover
114
2013-58-03
Monday, 03 June 2013 10:58 AM
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