SEC Blesses ICE's $8.2B Purchase Of NYSE Euronext

Law360, New York (August 16, 2013, 12:33 PM ET) -- The U.S. Securities and Exchange Commission has approved IntercontinentalExchange Inc.'s $8.2 billion acquisition of New York Stock Exchange parent company NYSE Euronext Inc., ruling the tie-up was unlikely to disrupt market regulation, according to a Friday agency filing.

The SEC found that the deal would not harm investors or affect how securities exchanges, their subsidiaries or their members are regulated, according to a release dated Thursday and posted on the agency’s website Friday. The SEC did not rule on whether the acquisition raised antitrust concerns....
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required