Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Shareholders OK IntercontinentalExchange-NYSE deal

Send a link to a friend

[June 04, 2013]  NEW YORK (AP) -- Both NYSE Euronext and IntercontinentalExchange shareholders are voting in favor of the Big Board's $10 billion acquisition by the ICE.

At a special meeting in New York on Monday, a majority of NYSE's shareholders cast their votes in favor of the deal, according to a statement from the NYSE. In Atlanta, a majority of ICE's shareholders also voted for the deal.

The Atlanta-based exchange announced the cash-and-stock deal in December. Regulators in the U.S. and Europe still have to sign off on it.

ICE plans to put both companies within a new one, ICE Group. The new company's stock would be listed on the New York Stock Exchange under ICE's current stock symbol, "ICE."

[Associated Press]

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Civic

< Top Stories index

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor