Advertisement

NYSE Takeover Faces Touchy Issues

Big Board and German Exchange Announce Deal; Holding Company's Name to Be Determined

Updated ET

Deutsche Börse and NYSE Euronext have announced the details of their merger, but they have kicked the name issue down the road. Dave Kansas takes a look at the touchy issue of a new name for the combined entity, including reader suggestions.
LONG-DISTANCE ROMANCE: Deutsche Börse's Reto Francioni, right, addressed the takeover via a webcast from Frankfurt on Tuesday while NYSE Euronext's Duncan Niederauer, left, spoke in New York. ILLUSTRATION: Bloomberg News

Deutsche Börse AG and New York Stock Exchange parent NYSE Euronext unveiled their $10 billion deal to create the world's largest exchange operator.

The news came in a heavily choreographed announcement aimed at quelling concerns that the combined company will be too powerful and move control of the Big Board to Europe for the first time in its 219-year history.

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

What's News

Top stories chosen by WSJ editors

Most Popular News

Recommended for You

Top Stories

Most Popular

Recommended for You