On Thursday, Dec. 20 ICE announced that it had reached a definitive agreement to acquire NYSE. We asked ICE Chairman and CEO Jeff Sprecher to give us the skinny on the deal.
The proposed acquisition of NYSE Euronext by ICE would be highly profitable for ICE, leading to a 10% plus increase in ICE stock according to a preliminary analysis by financial services firm Keefe, Bruyette & Woods.
Best Buy Co., the world’s largest consumer-electronics retailer, fell the most in two years after giving founder Richard Schulze more time to study the company and arrange financing for an offer to take it private.
NYSE Euronext announced an agreement to subscribe for shares in Fixnetix Limited, a leading service provider of ultra-low latency data provision, co-location, trading services and risk controls for more than 50 markets worldwide
