Deutsche Boerse (DB1Gn.DE) should be wary of surrendering control to NYSE Euronext (NYX.N) as part of the groups' planned tie-up, a member of the German exchange operator's supervisory board said on Monday. Johannes Witt, a labour representative, said remarks made on Sunday by U.S. Senator Charles Schumer that a deal would give managerial control to a team from NYSE should serve as a warning. [ID:nN13252425] In 2006, NYSE and Euronext combined, initially selling the deal as a merger of equals, but within a short period of time managerial control gravitated to New York.
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