When the Deutsche Börse (the parent company of the Frankfurt Stock Exchange) made a bid to buy the NYSE Euronext in February, it was surprising, but not that newsworthy. A European company overseeing a US stock exchange? It’s already been done.
By Helix Investment Management:When a company announces that it is being bought, usually that is the end of a stock's run, since there is nothing left to drive any meaningful upside. There may be an opportunity for some merger arbitrage, but that is it. However, NYSE Euronext (NYX) is presenting investors with a unique opportunity.