Nasdaq's proposal to split NYSE Euronext is seen as a problem

04/8/2011 | Wall Street Journal, The

Nasdaq OMX Group and IntercontinentalExchange's counterbid for NYSE Euronext includes splitting the company's equity and futures operations. That would be counter to NYSE Euronext's established strategy and probably will be rejected by its board, sources said. The proposed split is a major obstacle, they said.

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Wall Street Journal, The

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