Wednesday, February 29, 2012

Deutsche Boerse's NYSE deal seen heading for the rocks

photoFRANKFURT (Reuters) - Deutsche Boerse AG's last-ditch lobbying efforts in support of its proposed takeover of NYSE Euronext look set to fail, leaving the deal heading for the rocks with European antitrust regulators expected to block the deal Deutsche Boerse's Reto Francioni and NYSE Euronext Chief Executive Duncan Niederauer hope to salvage the deal by pressing the case for the merger with commissioners ahead of a February deadline in Brussels. "Both companies will use the remaining time to emphasize the merits of the merger," Deutsche Boerse said in a statement on Wednesday. ...


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