NYSE sold to IntercontinentalExchange
NYSE Euronext Inc., the operator of the New York Stock Exchange, has agreed to be acquired for $8.2 billion by IntercontinentalExchange Inc. (ICE), CNNMoney reported.
In the deal announced today, IntercontinentalExchange will pay $33.12 a share for NYSE Euronext, a premium of 38 percent over its closing price Wednesday.
Trading stocks has been overshadowed in recent years by the growing importance of derivatives and options for Atlanta-based ICE, which has a larger market value than NYSE Euronext.
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