Deutsche Boerse AG (DB1Gn.DE) and NYSE Euronext (NYX.N) on Tuesday offered a special dividend as a way to persuade shareholders to approve a deal between the New York and Frankfurt-based companies. The special dividend of 2.00 euros per share in a newly combined company will be offered shortly after closing of the deal, which would create the world's largest exchange operator. The dividend was offered despite the fact that rivals Nasdaq OMX Group (NDAQ.O) and IntercontinentalExchange (ICE.N) dropped a competing offer. Deutsche Boerse's shareholders are set to control 60 percent of the new company and Deutsche Boerse Chief Executive Reto Francioni will assume the role of chairman, while Duncan Niederauer, currently head of NYSE Euronext, will become chief executive of the combined company.
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX traded higher by 0.45% or $0.16/share to $35.66. In the past year, the shares have traded as low as $26.42 and as high as $41.60. On average, 5211800 shares of NYX exchange hands on a given day and today's volume is recorded at 2845357.
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 traded higher by 2.13% or $0.5/share to $24.02. In the past year, the shares have traded as low as $17.18 and as high as $29.71. On average, 2592620 shares of NDAQ exchange hands on a given day and today's volume is recorded at 1243581.
IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchange and over-the-counter (OTC) markets and derivatives clearing houses. Shares of ICE traded higher by 0.58% or $0.66/share to $114.41. In the past year, the shares have traded as low as $92.18 and as high as $135.38. On average, 774419 shares of ICE exchange hands on a given day and today's volume is recorded at 129260.
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