Exam Alert: NYSE Euronext and Deutsche Boerse cancel merger after EU ruling

On February 1, 2012, the European Commission blocked the merger of NYSE Euronext and Deutsche Boerse, two major exchanges, on the grounds that the combined entity would have a near-monopoly on the European derivatives market. On February 2, 2012, NYSE Euronext announced that, in light of the ruling, both companies have agreed to cancel the merger. Continue reading

On February 1, 2012, the European Commission blocked the merger of NYSE Euronext and Deutsche Boerse, two major exchanges, on the grounds that the combined entity would have a near-monopoly on the European derivatives market.  On February 2, 2012, NYSE Euronext announced that, in light of the ruling, both companies have agreed to cancel the merger.

Sources: “EU blocks Deutsche Boerse/NYSE merger, cites near-monopoly”, “NYSE EURONEXT AND DEUTSCHE BOERSE TERMINATE BUSINESS COMBINATION AGREEMENT”

Prior related alert: “Exam Alert: NYSE Euronext and Deutsche Boerse announce merger”

This alert applies to the Series 79, Series 62, Series 24, Series 99, Series 7, Series 65, and Series 66.

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