Deutsche Boerse (DB1Gn.DE) and NYSE Euronext (NYX.N) have an agreement in principle on the broad outlines of a merger, but are side-stepping thorny political issues, two sources familiar with the plan said. The two are hammering out a framework deal which focuses on functions and personalities, with Deutsche Boerse Chief Executive Reto Francioni slated to be chairman of what would be the world's largest exchange operator. [ID:nN12235880] NYSE Euronext's general counsel, chief operating officer and global head of technology are set to retain their positions in the combined group, two people familiar with the plan told Reuters on Monday. [ID:nWEN7702]
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