Trader Talk

NYSE-Deutsche Boerse Merger on Track

Deutsche Boerse-NYSE Euronext merger appears on track.

Deutsche Boerse shareholders have tendered 60.16 percent of their shares as of this morning, the final day of voting. They need 75 percent to approve the merger. They have until 6 PM tonight (New York time) to vote.

Sixty percent is a high number and a strong indication they will receive the necessary 75 percent.

NYSE Euronext shareholders approved their part of the deal last week.

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