German firm acquires New York Stock Exchange
NEW YORK -- The parent company of the
New York Stock Exchange
has agreed to be acquired by the operator of the
In a deal that will create the world's largest financial markets company. Deutsche Boerse shareholders will own 60 percent of the new company, while shareholders of NYSE Euronext will own 40 percent, valuing NYSE's parent company at about $10 billion. The combined company will be worth $25 billion, according
NEW YORK -- The parent company of the
New York Stock Exchange
has agreed to be acquired by the operator of the
Frankfurt stock exchange
In a deal that will create the world's largest financial markets company. Deutsche Boerse shareholders will own 60 percent of the new company, while shareholders of NYSE Euronext will own 40 percent, valuing NYSE's parent company at about $10 billion. The combined company will be worth $25 billion, according
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