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Friday, April 1, 2011

Nasdaq, ICE confident on financing NYSE bid-source, (NASDAQ: NDAQ), (NYSE: ICE), (NYSE: NYX)

Nasdaq OMX Group (NDAQ.O) and IntercontinentalExchange (ICE.N) are confident on getting financing for their unsolicited bid for NYSE Euronext (NYX.N), but decided to wait to gauge the Big Board's response before signing commitments, a source familiar with the matter said on Friday. The exchange operators have the financing papers for the roughly $11 billion bid ready to go when needed, the source said, declining to be named because these discussions are not public. (Reporting by Paritosh Bansal, editing by Gerald E. McCormick)

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