NYSE Euronext, Deutsche Boerse in talks about possible stock exchange merger
Posted February 9, 2011 12:01 pm.
This article is more than 5 years old.
NEW YORK – Officials at stock exchange operators NYSE Euronext and Germany’s Deutsche Boerse AG say they’re in merger talks, just a day after the Toronto and London stock exchanges said they’ve already agreed to a similar deal.
Trading of shares in the U.S. and German companies was halted after shares of the New York-based stock exchange operator soared 12 per cent.
Two rival exchanges _ the London Stock Exchange Group PLC and TMX Group Inc., which operates the Toronto Stock Exchange _ announced a merger late Tuesday.