NYSE Shareholders Bless $8.2B ICE Deal

Law360, Chicago (June 3, 2013, 3:20 PM EDT) -- NYSE Euronext shareholders on Monday voted by a landslide to approve IntercontinentalExchange Inc.’s purchase of the iconic exchange operator, leaving clearance from U.S. and European regulators as the last major hurdle to closing the $8.2 billion deal.

Preliminary results from a special meeting in New York indicate that 99 percent of the votes were cast in favor of the deal with Atlanta-based ICE, with 64 percent of shares present, according to a statement from NYSE.

"We are grateful that our shareholders have overwhelmingly recognized the opportunity...
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.