Nasdaq, ICE make $11.3B bid for NYSE Euronext (AP)

NEW YORK (AP) -- Nasdaq is teaming up with IntercontinentalExchange to make an approximately $11.3 billion counteroffer for the parent of the New York Stock Exchange....

[AP] - Nasdaq is teaming up with IntercontinentalExchange to make an approximately $11.3 billion counteroffer for the parent of the New York Stock Exchange.

[AP] - Nasdaq is teaming up with IntercontinentalExchange to make an approximately $11.3 billion counteroffer for the parent of the New York Stock Exchange.

Nasdaq is teaming up with IntercontinentalExchange to make an $11.3 billion counteroffer for the parent of the New York Stock Exchange. The joint bid is a challenge to Deutsche Boerse, the owner of the Frankfurt Stock Exchange, which has said it will buy NYSE Euronext for about $10 billion.» E-Mail This     » Add to Del.icio.us

The recent history of the New York Stock Exchange (NYSE) is interesting in part because it’s an illustration of how disruptive new technology can be. Twenty years ago the NYSE and it’s relatively young rival NASDAQ accounted for 97% of the total U.S.

The recent history of the New York Stock Exchange (NYSE) is interesting in part because it’s an illustration of how disruptive new technology can be. Twenty years ago the NYSE and it’s relatively young rival NASDAQ accounted for 97% of the total U.S.