Nasdaq OMX Group Inc (NDAQ.O) is moving closer to making a rival offer for NYSE Euronext (NYX.N), in a move that would challenge NYSE's blockbuster deal with Deutsche Boerse (DB1Gn.DE), a source familiar with the situation said on Monday. Under the offer being contemplated, Nasdaq would finance the transaction with up to $5 billion in debt and sell NYSE's Liffe derivatives business to IntercontinentalExchange Inc (ICE.N), according to the source. An offer could come as early as this week, the source said.
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