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Charlie Breaks It

Gasparino: Hostile Bid for NYSE Still on the Table

Charlie Breaks ItFOXBusiness

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 (NASDAQ:NDAQ) and the IntercontinentalExchange (NYSE:ICE) are asking ratings agencies for their opinions on a potential takeover attempt.

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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 (NYSE:NYX) recently announced a merger with the Deutche Bourse group and has been the subject of speculation since the deal was announced.

The CME Group (NASDAQ:CME), which oversees the CME Globex Exchange, is also considering making a hostile takeover attempt.

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