NYSE Euronext bids to acquire Fixnetix holding

02/23/2012 | Securities Technology Monitor

NYSE Euronext said 90% of Fixnetix shareholders have approved its offer to buy 25% of the company, which supplies services to high-speed traders. The exchange operator said it would also have the option to buy the remaining shares over the next few years. "We at Fixnetix are thrilled with the investment from NYSE Euronext as this will enable us to expand our U.S. coverage and expand into Asia," Fixnetix CEO Hugh Hughes said.

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