NYSE Rejects Nasdaq’s Bid

Nasdaq OMX Group (NDAQ) and IntercontinentalExchange (ICE) responded late Sunday to NYSE Euronext’s rejection of their joint proposed bid, reaffirming that their cash and stock offer is superior to the offer submitted by rival Deutsche Boerse AG. “The feedback we have received from NYSE Euronext stockholders is very positive, and we would expect NYSE Euronext would, at the very least, meet with us and our advisors to discuss the merits of the proposed combination,” Robert Greifeld, CEO of Nasdaq, said in the statement. – Reuters

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