Published February 22, 2011
Nasdaq OMX Group and the IntercontinentalExchange are seriously considering making a hostile takeover bid for NYSE/Euronext.
According to FOX Business Network's Charlie Gasparino, the Nasdaq OMX Group (NDAQ) and the IntercontinentalExchange (ICE) are asking ratings agencies for their opinions on a potential takeover attempt.
Officials from Nasdaq OMX Group have come to the conclusion that the Nasdaq exchange can no longer exist as a solo entity, prompting the potential bid, sources told Gasparino.
NYSE/Euronext (NYX) recently announced a merger with the Deutche Bourse group and has been the subject of speculation since the deal was announced.