Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, February 9, 2011

TAKEOVERCHATTER-Nasdaq, CBOE top targets in exchange merger mania, (NASDAQ: NDAQ), (NASDAQ: CBOE), (NYSE: NYX), (LSE), (TSE: X)

Nasdaq OMX Group Inc (NDAQ.O) and CBOE Holdings Inc (CBOE.O) may scramble to find deal partners as global exchanges' merger mania returns with a bang. Germany's Deutsche Boerse (DB1Gn.DE) announced on Wednesday it was in advanced talks to buy NYSE Euronext (NYX.N), hours after the London Stock Exchange (LSE.L) said it had agreed to buy Canadian stock market operator TMX (X.TO). [ID:nLDE71808S] The deals sent shares of exchanges up across the board as investors bet more is to come.

Source