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NYSE, Deutsche Boerse Respond to Nasdaq/ICE Bid Drop (Updated)

Here is the statement from Deutsche Boerse on the withdrawal of the joint Nasdaq/ICE bid for NYSE Euronext:

"We take notice of the decision by Nasdaq and ICE to abandon their hostile bid attempt for NYSE Euronext. Deutsche Börse will continue with its merger with NYSE Euronext as planned. We look forward to completing our agreed merger with NYSE Euronext to create the world’s premier global exchange group by the end of 2011 and continue to move forward with integration planning. By bringing together two of the most respected and successful exchange operators in the world, our combination will address the needs of the global capital markets by providing clients unparalleled access to markets, products, information and world-class technology and clearing services.”

The NYSE response to the withdrawal of the joint Nasdaq /ICE bid for NYSE Euronext :

“As we have consistently maintained, the combination with Deutsche Boerse creates the world’s premier exchange group — a geographically diverse business across multiple asset classes that will create compelling long term value for our shareholders. We look forward to continuing to share this vision with shareholders and other stakeholders as we move toward our vote on July 7th,” said Duncan L. Niederauer, chief executive officer of NYSE Euronext.

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