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New York Stock Exchange, Icon of US Capitalism, Is Sold to Upstart

Posted December 20th, 2012 at 3:15 pm (UTC-5)
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An upstart competitor is buying the venerable New York Stock Exchange, long the symbol of robust American capitalism. The owner of the 220-year-old New York exchange, NYSE Euronext, said Thursday it has agreed to an $8.2 billion deal to sell the iconic Wall Street fixture to IntercontinentalExchange. The 12-year-old Atlanta-based bourse focuses on trading future […]

Tags: , , , , Posted in Economy

NYSE, Deutsche Boerse Set to Merge

Posted July 14th, 2011 at 1:20 pm (UTC-5)
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The New York Stock Exchange is one step closer to getting a European owner. Deutsche Boerse shareholders Thursday approved a proposed $10 billion merger with the New York exchange’s parent company. NYSE Euronext shareholders approved the deal last week. The new company would become the world’s largest stock exchange operator, running exchanges in Paris, Lisbon, […]

Tags: , , , Posted in Americas, Economy, Europe, US