IntercontinentalExchange Inc (ICE.N) CEO Jeffrey Sprecher said on Wednesday NYSE Euronext's (NYX.N) directors have effectively handed over the fate of the Big Board to its shareholders. In a feisty defense of his joint offer with Nasdaq OMX Group (NDAQ.O), the chief executive said NYSE's board "is the only obstacle to NYSE shareholders" getting the superior deal, adding he is not making the unsolicited bid simply to be the "spoiler." All eyes are on whether ICE and Nasdaq can succeed in wresting control of the Big Board parent from Germany's Deutsche Boerse AG (DB1Gn.DE), which agreed to a lower, friendly takeover of NYSE in February. NYSE's board twice rejected the $11.2 billion bid citing risks that regulators would block it, arguing it runs against company strategy, and backing the $9.8 billion Deutsche Boerse tie-up that would create the world's largest market operator.
IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchange and over-the-counter (OTC) markets and derivatives clearing houses. Shares of ICE fell by 2.39% or $-2.78/share to $113.67. In the past year, the shares have traded as low as $92.18 and as high as $135.38. On average, 792977 shares of ICE exchange hands on a given day and today's volume is recorded at 789708.
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX fell by 1.48% or $-0.59/share to $39.4. In the past year, the shares have traded as low as $26.42 and as high as $41.18. On average, 6118620 shares of NYX exchange hands on a given day and today's volume is recorded at 1576575.
The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across six continents. Shares of NDAQ fell by 1.2% or $-0.32/share to $26.45. In the past year, the shares have traded as low as $17.18 and as high as $29.71. On average, 3395000 shares of NDAQ exchange hands on a given day and today's volume is recorded at 855452.
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