Bloomberg Endorses Merger Deal Between NYSE, Deutsche Boerse

Mayor Michael Bloomberg said Thursday he thinks the proposed merger of the iconic New York Stock Exchange (NYX) with Frankfurt’s Deutsche Boerse would be “the right thing for New York City.” His comments come a day after the parent companies of the New York Stock Exchange and Deutsche Boerse said they were in “advanced talks” to combine operations — a deal that would create the world’s largest financial exchange. – NBC