NYSE Euronext said its board of directors rejected an unsolicited takeover bid by Nasdaq OMX Group Inc and IntercontinentalExchange Inc, and reaffirmed its commitment to merging with Deutsche Boerse AG. In a statement, NYSE Euronext called the $11.3 billion (6.8 billion pounds) bid from Nasdaq and ICE "strategically unattractive, with unacceptable execution risk."
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