The Deal
Sunday, November 8, 
5:06 am

NYSE Euronext finally buys Amex

  Share     E-Mail    Discussion    Print Story

Putting to rest a spate of long-running rumors, NYSE Euronext Inc. said Thursday that it has reached agreement to purchase the American Stock Exchange LLC for $260 million in stock.

Continue reading below

Also on Dealscape

The transaction needs the approval of Amex members and regulators, including the U.S. Securities and Exchange Commission and Department of Justice, but is expected to close in the third quarter. NYSE Euronext said the Amex acquisition would add to its 2009 earnings. John Franchini and Roland Hlawaty led a Milbank, Tweed, Hadley & McCloy LLP team that counseled Amex. On Jan. 14, NYSE Euronext disclosed it would buy privately held New York market data management firm Wombat Financial Software Inc. for $200 million. - Greg Johnson





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Linklaters' Schmidt says how regulators handled Pfizer Inc.'s acquisition of Wyeth is an outlier of how others merger reviews will be conducted.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Dealing with frozen bank lending

If your bank is not willing to lend, what can you do as your company continues to seek growth?


Judgment Call

The coming age of the renminbi

The Chinese currency will play an increasingly important role in international commerce and finance.


Industry Insight

Banking on PE investments

Howls of protest greeted the FDIC policy statement, but the financial services industry should get over it.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.