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Sunday, April 10, 2011

NYSE had several concerns about Nasdaq bid-source, (NYSE: NYX), (NASDAQ: NDAQ), (NYSE: ICE)

NYSE Euronext's (NYX.N) board had several objections to a potential takeover of the exchange operator by Nasdaq OMX Group Inc (NDAQ.O) and IntercontinentalExchange Inc (ICE.N), a person familiar with the board's thinking said on Sunday. The board was concerned about the Nasdaq group's lack of committed financing, the potential debt burden, antitrust problems and job losses in New York City that could result from a transaction, said the source, who requested anonymity because of a lack of authority to speak for the company.

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