TMX investors expect approval for Maple deal

09/12/2011 |

Shareholders in Canada's TMX Group appear to be increasingly confident that a bid from Maple Group will succeed. Investors contacted by Reuters say they plan to tender to the Maple Group bid and they expect it to pass easily. "To leave the TSX high and dry with no deal at all is not really an attractive option for anyone including any authorities ... as well as investors," said Michael Smedley, CEO of Morgan Meighen & Associates.

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