NYSE Euronext Investors Face Intrigue, Expert Says

Law360, New York (April 11, 2011, 4:53 PM EDT) -- NYSE Euronext Inc.'s rejection of Nasdaq OMX Group Inc. and IntercontinentalExchange Inc.'s $11.3 billion counterbid in favor of its merger deal with Deutsche Boerse AG means months of intrigue ahead for the Big Board owner's shareholders, an expert said Monday.

The rejection means shareholders of NYSE Euronext who favor the competing bid, which values the targeted exchange company higher and has a cash component, are likely to make noise at NYSE Euronext's annual meeting set for April 28, Morningstar Inc. capital markets analyst Michael Wong predicted....
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