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Friday, February 11, 2011

WRAPUP 3-NYSE board to meet on D.Boerse; rivals respond, (NYSE: NYX), (LSE), (TSE: X)

The board of NYSE Euronext (NYX.N) is expected to meet on Sunday to discuss a planned takeover by Deutsche Boerse (DB1Gn.DE), sources close to the deal said, while exchanges left out of the merger frenzy plotted their response. Details of what the NYSE Euronext board might discuss or what it might vote on were unclear. The two companies declined to comment. Deutsche Boerse and NYSE Euronext said on Wednesday they were in advanced talks to merge, just hours after London Stock Exchange (LSE.L) unveiled a bid for Canadian market operator TMX Group Inc (X.TO).

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