NYSE says Deutsche Boerse merger would save more than expected

NYSE Euronext said its proposed merger with Deutsche Boerse would save about $145 million more than previously estimated. Nasdaq OMX Group and IntercontinentalExchange, which made an unsolicited rival bid for NYSE Euronext, want a detailed explanation of the estimate. Andrew Ross Sorkin of The New York Times notes that NYSE Euronext is defending its merger plans without meeting with executives from Nasdaq and ICE. Ronald Barusch, an expert in mergers and acquisitions, offers a four-part plan for Nasdaq and ICE to win.

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