NASDAQ (NDAQ)/Intercontinental Exchange (ICE) Seek Rating Agency OK for Hostile NYSE (NYX) Bid - FBN
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NASDAQ (Nasdaq: NDAQ) and the Intercontinental Exchange (ICE) and seeking the blessing of rating agencies to launch a hostile bid for NYSE Euronext (NYSE: NYX), FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reported.
"I never thought these NASDAQ-ICE talks about a potential hostile takeover for the New York Stock Exchange would progress but it is progressing rapidly. Sources tell the FOX Business Network it is progressing to the point where both are turning to ratings agencies to get their blessing for a potential bid on the New York Stock Exchange," Gasparino said.
"They believe if they do something like this it would be an 11 billion dollar deal to outmatch Deutchse Boerse. They are going to the ratings agencies to get their blessing. It looks like the NASDAQ and the ICE are going to do this."
"I never thought these NASDAQ-ICE talks about a potential hostile takeover for the New York Stock Exchange would progress but it is progressing rapidly. Sources tell the FOX Business Network it is progressing to the point where both are turning to ratings agencies to get their blessing for a potential bid on the New York Stock Exchange," Gasparino said.
"They believe if they do something like this it would be an 11 billion dollar deal to outmatch Deutchse Boerse. They are going to the ratings agencies to get their blessing. It looks like the NASDAQ and the ICE are going to do this."
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