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Tuesday, April 5, 2011

NYSE board to meet on Nasdaq by April 14 -source, (NYSE: NYX), (NASDAQ: NDAQ), (NYSE: ICE)

NYSE Euronext's (NYX.N) board of directors plans to meet by April 14 to consider Nasdaq OMX Group's (NDAQ.O) unsolicited takeover bid, though no firm date has been set, a person familiar with the plan said on Tuesday. On Friday, Nasdaq partnered with U.S.-based IntercontinentalExchange Inc (ICE.N) to make an $11.3-billion offer for the Big Board parent, an attempt to thwart a friendly $10.3-billion takeover offer from Germany's Deutsche Boerse (DB1Gn.DE). (Reporting by Jonathan Spicer, editing by Gerald E. McCormick)

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