Deutsche Boerse (DB1Gn.DE) shares rose 1 percent after NYSE Euronext (NYX.N) said it would stick to a deal with the German exchange, snubbing a rival U.S. offer and thereby decreasing the chances of a bidding war. On Sunday, NYSE Euronext's board of directors unanimously rejected the rival offer from Nasdaq OMX Group (NDAQ.O) and IntercontinentalExchange (ICE.N), saying it was too risky and counter to the Big Board's vision. "NYSE's rejection of a rival offer is very positive, given that a failure of the merger with NYSE Euronext would have left Deutsche Boerse internationally isolated," said Heino Ruland of Ruland Research. Christian Muschick at Silvia Quandt research said this increased the chances of a successful NYSE Euronext Deutsche Boerse merger, but added that Nasdaq ICE might now directly approach shareholders and go hostile.
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