NYSE: Counterbid for Nasdaq ‘Absolutely Not Under Consideration’

A merger between NYSE Euronext (NYX) and Nasdaq OMX (NDAQ) would be strategically unattractive, and any bid would face “insurmountable antitrust problems,” a source close to the Big Board told Reuters on Wednesday. A counterbid by NYSE for Nasdaq is “absolutely not under consideration,” the source close to the NYSE said, knocking down a media report earlier this week that the exchange operator was considering such a move.

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