ICE's $8B NYSE Bid May Face Less Friction Than Boerse Deal

Law360, New York (January 28, 2013, 6:44 PM EST) -- In a bid to avoid multiple probes, IntercontinentalExchange Inc. said Monday that it would ask the European Commission to review its $8.2 billion acquisition of NYSE Euronext Inc., a deal likely to fare better under the antitrust watchdog's scrutiny than NYSE's planned 2011 merger with Deutsche Boerse AG.

The ICE deal technically falls under the jurisdiction of antitrust authorities in Portugal, Spain and the U.K., but the companies plan to ask the national regulators to let the commission review the merger instead, according to documents filed...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.