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Joined Nov 11, 2007
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Intercontinental Exchange Said in Talks to Buy NYSE

IntercontinentalExchange Inc. (ICE), the 12-year-old energy and commodity futures bourse, is in talks to buy NYSE Euronext, the owner of the world’s biggest stock market, according to a person with direct knowledge of the deal.

The cash-and-stock proposal for NYSE Euronext, which has a market capitalization of $5.8 billion, may be announced as soon as this week, said the person, who asked not to be named because the talks are private. Last year, the U.S. Justice Department blocked a joint hostile bid by ICE and Nasdaq OMX Group Inc. (NDAQ) for the owner of the New York Stock Exchange on concern the combination would dominate U.S. stock listings…”

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