– New York Stock Exchange sold to derivatives company in $8bn takeover (Guardian, Dec 20, 2012):
The New York Stock Exchange called time on two centuries of independence on Thursday, agreeing to an $8.2bn takeover that will hand control of the icon of American capitalism to an Atlanta-based energy trader.
The stock exchange’s holding company, NYSE Euronext, has agreed to an offer of $33.12 a share in cash and stock from IntercontinentalExchange (ICE). ICE was founded in 2000, NYSE in 1817. The combined company would have headquarters in both ICE’s home of Atlanta and in New York.
Read moreNew York Stock Exchange Sold To Derivatives Company In $8 Billion Takeover