ICE To Buy NYSE Parent Co. In $8.2B Stock-And-Cash Deal

Law360, New York (December 20, 2012, 2:54 PM EST) -- The iconic New York Stock Exchange will change ownership after more than 200 years of independence as Atlanta-based IntercontinentalExchange Inc. has agreed to buy the NYSE's parent company for $8.2 billion, the exchanges announced Thursday.

Confirming reports of a sale that surfaced Wednesday, the companies said ICE will acquire NYSE Euronext Inc. in a stock-and-cash deal. The deal, which has been approved by the boards of both exchanges, requires approval from shareholders as well as U.S. and European regulators.

The deal values NYSE Euronext at roughly...
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