NYSE and Euronext Merger Bid

Plans have been made for a $21 billion New York Stock Exchange and Euronext merger beating a German company called Deutsche Boerse who also wanted a merger with Euronext. Euronext controls the Paris, Brussels, Lisbon and Amsterdam exchanges, as well as the London-based Liffe international derivatives exchange. Analysts are predicting more mergers as companies try to cut costs and increase customers. The new company will be called NYSE Euronext and should be interesting to see what happens with it in the future.

NYSE in $21bn Euronext merger bid
"NYSE Euronext will be the world's most liquid and truly global financial marketplace, offering unparalleled benefits for investors and issuers in the United States, Europe and across the globe," Mr Thain said". BBC Business

# Stock Market News, Major Company News