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05-02-2011, 12:14 AM
NYSE rejects takeover offer from Nasdaq
The New York Stock Exchange Euronext said on Sunday that its board has rejected a takeover bid from the owner of Nasdaq OMX and Intercontinental Exchange(ICE).NYSE Euronext Chairman Jan Michiel Hessels said in a statement on Sunday that the Nasdaq-ICE' s 11.3-billion-dollar joint bid based on the breakup of NYSE Euronext was not in the exchange operator' s best interests.
"The highly conditional break-up proposal from Nasdaq/ICE would also require shareholders to shoulder unacceptable execution risk,Asics Ultimate 81 (http://www.asicstigercheap.com/asics-ultimate-81-c-67.html)," Hessels said."Breaking up NYSE Euronext,cheap Mexico 66 (http://www.asicstigercheap.com/asics-mexico-66-baja-c-79.html), burdening the pieces with high levels of debt,asics onitsuka tiger shoes (http://www.asicstigercheap.com), and destroying its invaluable human capital,asics tiger shoes (http://www.asicstigercheap.com), would be a strategic mistake in terms of where the global markets are going, and is clearly not in the best interests of our shareholders,asics tiger mexico 66 (http://www.asicstigercheap.com)," he added.
Hessels confirmed the Deutsche Boerse deal would create more value for investors.Meanwhile,asics tiger shoes sale (http://www.asicstigercheap.com/asics-mexico-66-deluxe-c-77.html), Deutsche Boerse also said on Sunday that its planned acquisition of NYSE Euronext was on track after NYSE's board of directors unanimously rejected a counter offer by Nasdaqand ICE.
According to the statement addressed by Deutsche Boerse, the company "shares the view of NYSE Euronext that the agreed merger will create compelling value for shareholders of both companies."Deutsche Boerse said it has commenced regulatory proceedings and made progress on its 9.5-billion-dollar deal to merge with NYSE. The deal was announced in February,Asics Mexico 66 outlet (http://www.asicstigercheap.com), 2011 and would make Deutsche Boerse shareholders to have 60 percent shares of NYSE.
Nasdaq OMX and ICE on April 1 announced a joint bid to buy the NYSE Euronext, a 19 percent premium over previous offer by Germany's Deutsche Boerse.Nasdaq and ICE said in a statement that the offer would be priced at 42.50 dollars per share. According to the proposal,asics shoes 2011 (http://www.asicstigercheap.com), ICE would purchase NYSE's valuable derivatives business while Nasdaq would acquire its stock exchanges and options businesses.
Icelanders Reject Bank Bailout Repayment Plan
Voters in Iceland have rejected a plan to repay Britain and the Netherlands $5 billion their citizens lost in a failed Icelandic bank.With most of the ballots from Saturday's referendum counted,asics mexico 66 baja (http://www.asicstigercheap.com/asics-mexico-66-baja-c-79.html), 59 percent of voters had rejected the plan.Prime Minister Johanna Sigurdardottir called the results disappointing. She has said a "no" vote would result in political and economic chaos.Britain's chief secretary to the treasury, Danny Alexander,asics shoes sale (http://www.asicstigercheap.com/asics-onitsuka-tiger-kanuchi-c-72.html),女儿离家出走3年 父亲喝闷酒猝 asics shoes Australia (http://home.huwai8.com/space.php?uid=22234&do=blog&id=1073807), also called the outcome disappointing. He said Britain respects the voters' will but said the matter will likely end up in the courts.
Authorities say British and Dutch customers deposited $5 billion in online bank,Onitsuka Tiger 2011 (http://www.asicstigercheap.com/tokidoki-onitsuka-tiger-c-66.html), Icesave. When the bank failed,Asics Gel Kinsei 2 (http://www.asicstigercheap.com/asics-gel-kinsei-2-c-81.html), Britain and the Netherlands compensated their citizens for lost savings. Both countries are now seeking reimbursement from Iceland.A payment schedule approved by Iceland's parliament in January was eventually vetoed by the president.
The New York Stock Exchange Euronext said on Sunday that its board has rejected a takeover bid from the owner of Nasdaq OMX and Intercontinental Exchange(ICE).NYSE Euronext Chairman Jan Michiel Hessels said in a statement on Sunday that the Nasdaq-ICE' s 11.3-billion-dollar joint bid based on the breakup of NYSE Euronext was not in the exchange operator' s best interests.
"The highly conditional break-up proposal from Nasdaq/ICE would also require shareholders to shoulder unacceptable execution risk,Asics Ultimate 81 (http://www.asicstigercheap.com/asics-ultimate-81-c-67.html)," Hessels said."Breaking up NYSE Euronext,cheap Mexico 66 (http://www.asicstigercheap.com/asics-mexico-66-baja-c-79.html), burdening the pieces with high levels of debt,asics onitsuka tiger shoes (http://www.asicstigercheap.com), and destroying its invaluable human capital,asics tiger shoes (http://www.asicstigercheap.com), would be a strategic mistake in terms of where the global markets are going, and is clearly not in the best interests of our shareholders,asics tiger mexico 66 (http://www.asicstigercheap.com)," he added.
Hessels confirmed the Deutsche Boerse deal would create more value for investors.Meanwhile,asics tiger shoes sale (http://www.asicstigercheap.com/asics-mexico-66-deluxe-c-77.html), Deutsche Boerse also said on Sunday that its planned acquisition of NYSE Euronext was on track after NYSE's board of directors unanimously rejected a counter offer by Nasdaqand ICE.
According to the statement addressed by Deutsche Boerse, the company "shares the view of NYSE Euronext that the agreed merger will create compelling value for shareholders of both companies."Deutsche Boerse said it has commenced regulatory proceedings and made progress on its 9.5-billion-dollar deal to merge with NYSE. The deal was announced in February,Asics Mexico 66 outlet (http://www.asicstigercheap.com), 2011 and would make Deutsche Boerse shareholders to have 60 percent shares of NYSE.
Nasdaq OMX and ICE on April 1 announced a joint bid to buy the NYSE Euronext, a 19 percent premium over previous offer by Germany's Deutsche Boerse.Nasdaq and ICE said in a statement that the offer would be priced at 42.50 dollars per share. According to the proposal,asics shoes 2011 (http://www.asicstigercheap.com), ICE would purchase NYSE's valuable derivatives business while Nasdaq would acquire its stock exchanges and options businesses.
Icelanders Reject Bank Bailout Repayment Plan
Voters in Iceland have rejected a plan to repay Britain and the Netherlands $5 billion their citizens lost in a failed Icelandic bank.With most of the ballots from Saturday's referendum counted,asics mexico 66 baja (http://www.asicstigercheap.com/asics-mexico-66-baja-c-79.html), 59 percent of voters had rejected the plan.Prime Minister Johanna Sigurdardottir called the results disappointing. She has said a "no" vote would result in political and economic chaos.Britain's chief secretary to the treasury, Danny Alexander,asics shoes sale (http://www.asicstigercheap.com/asics-onitsuka-tiger-kanuchi-c-72.html),女儿离家出走3年 父亲喝闷酒猝 asics shoes Australia (http://home.huwai8.com/space.php?uid=22234&do=blog&id=1073807), also called the outcome disappointing. He said Britain respects the voters' will but said the matter will likely end up in the courts.
Authorities say British and Dutch customers deposited $5 billion in online bank,Onitsuka Tiger 2011 (http://www.asicstigercheap.com/tokidoki-onitsuka-tiger-c-66.html), Icesave. When the bank failed,Asics Gel Kinsei 2 (http://www.asicstigercheap.com/asics-gel-kinsei-2-c-81.html), Britain and the Netherlands compensated their citizens for lost savings. Both countries are now seeking reimbursement from Iceland.A payment schedule approved by Iceland's parliament in January was eventually vetoed by the president.