Some 82.4 percent of Deutsche Boerse AG (DB1Gn.DE) shareholders backed its $9 billion merger with NYSE Euronext (NYX.N), according to a final count, the German exchange operator said on Friday. On Thursday, preliminary results showed Deutsche Boerse received more than the needed 75 percent support from investors. NYSE Euronext shareholders backed the deal last week. Shareholders who did not tender shares under the deal, which would see the Frankfurt exchange acquire the Big Board parent, now have until Aug. 1 to do so, Deutsche Boerse said. The deal, billed as a merger of equals partly because NYSE Euronext Chief Executive Duncan Niederauer would be CEO of the combined company, would nonetheless give the German bourse 10 of 17 directors and its shareholders 60 percent of the yet-to-be-named Dutch holding company.
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX traded higher by 1.01% or $0.34/share to $34.15. In the past year, the shares have traded as low as $26.65 and as high as $41.60. On average, 3959760 shares of NYX exchange hands on a given day and today's volume is recorded at 1551719.
